CADJPY appears to be correcting in what looks like a possible bearish flag pattern on the larger TF's.
However we have not seen any signs of reversal as of yet, the pair has not made a lower low, The current wave count in the pair is calling for one more high towards the 95 area - as long as the previous wave (X) is not breached at 90.53, making this a low risk area to try a long position from the 90.80/91.00 Levels.
However we have not seen any signs of reversal as of yet, the pair has not made a lower low, The current wave count in the pair is calling for one more high towards the 95 area - as long as the previous wave (X) is not breached at 90.53, making this a low risk area to try a long position from the 90.80/91.00 Levels.