CAD/JPY – Range Opp?

 | Feb 02, 2016 10:01AM ET

CAD/JPY

Currently we are at 85.43 in a nice big range. If we break the current 0.214 Fibo support, we are looking to continue to the 0.382 Fibo at 0.83.93 with a near term overall target near 82.98. The average daily true range (ATR) for the pair currently is 155 pips.