CADJPY SQUEEZE

15 Sep 2019

I see that shorting the Canadian/Yen is a bit too late and risky for the potential target (40 ish pips). My best bet is to patiently let price reach its targets then to find reason to enter long. Price action is hinting us that if price does reverse, we are looking at price come down to its squeeze, meaning we may see a breakout of this Descending trend line.