CAD/JPY: Channel Break?

 | Oct 27, 2014 08:59AM ET

CAD/JPY: Currently we are at 0.9590 after breaking the up channel. We are looking for a continuation to the S3 support area at 0.9506 with an overall target at 0.9417. The average daily true range (ATR) for the pair currently is 105 pips.