Again, apparently the yen crosses are trading in clear market conditions, most of them bullish. I’m particularly keen about the CADJPY, because it just broke through an important long term resistance level, and there is no other resistance on the daily charts, we need to go to the weekly go the next level:

So the CADJPY is bullish, and there are more than 500 pips from where the market is trading right now and its next LT resistance level at 96.74, so let’s see if we find a good long entry.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/