Canadian Dollar Yen

Good Evening Dynamic Traders ,

Tonights chart is of the CADJPY.

This pair looks a little indecisive at present, but keeps breaking into our breather zone with spinning tops, after a big move. The previous swing low is at a major support level, however AdvancedGet is showing a false bar in Get Stochastic and we have the MOB and a cluster below, and a good RN in there too.

I shall keep a close eye on this pair for a good entry if it comes, by waiting for my confluences on the lower timeframes and then take the appropriate action.

News is out throughout the rest of the week on this pair.

Charts courtesy of TradeStation.

Clayton Farnworth.