Canadian Dollar / Japanese Yen
Updated

CADJPY STRADDLE

69
Scope for a 5%-6% move in either direction.

We favour lower with a tight reversal.

Sold 81.88 for targets into support at
- 80.50
- 79.50
- 77.00 (5th Wave )

Alternatively looking to phase in a 3x Reversal above 82.00 for an upside target of 87.00
Note
Stop Loss moved to 0.8290
Trade closed manually
Trade closed at 84.95 in favour of this scenario

CADJPY (revised) 5th Wave

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