Yesterdays CAD/JPY trade is making its way to TP2 today, we placed a buy limit order on this pair at previous high and our take profit is just above our daily zone giving us a R/R of 1:2, fundamentals were CAD+2 / JPY-2.8 and today the CAD is a +3.3 and the JPY is a -9, we knew that the JPY has been weak for a while now so this trade makes sense both on a lower timeframe and higher timeframe basis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.