TRENDLINE SUPPORT & RANGE CADJPY

١٦ يونيو ٢٠١٤

Price has been stuck in a very tight range(blue rectangle), for the past 2 weeks or so. Price is also at the trendline support. CAD is showing significant strength against other pairs as well. JPY is fundamentally very weak. Hence the order to go long at 93.75 with the stop at 93.30 and HALF T.P at 95.00. 2nd T.P is open.