CADJPY – December 16th

I think resistance for the CADJPY is strong enough right now and we may see a reversal here for over 200 pips. The chart is looking good, at least to me and I am happily placing my pending orders in the current scenario. Take a look, maybe you agree with it. The Canadian Dollar has surprised me over the past few trading weeks to be honest, but at the same time presented several good trading opportunities.