CAD/JPY Attempting A Break Of The Wedge

 | May 07, 2014 09:10AM ET

h3 CAD/JPY

Currently we are at 93.47 attempting a break of the wedge. IF it breaks we are looking for a continuation to the Resistance/1.270 Fibo area at 94.00. The average daily true range (ATR) for the pair currently is 61 pips.