CADJPY Potential Long

After a 250 pips move to the downside over the past couple days, a correctional move to the upside is to be expected.
Currently showing rejection off the 82.000 psychological level.
USDCAD: Sell
USDJPY: Buy

However there is some resistance at 82.300, at the 0.382% daily fibonacci retracement level.
24hrta24hrtradingacademyCADJPYcadjpylongChart PatternsForexTechnical IndicatorsLONGTrend Analysis

Disclaimer