CADJPY approaching descending trendline resistance.

Trading Recommendation

Entry: 77.090

Reason for Entry: Descending trendline resistance, 61.8% Fibonacci retracement

Take Profit : 75.936

Reason for Take Profit: 61.8% Fibonacci retracement

Stop Loss: 77.897

Reason for Stop loss: 88% and -61.8% Fibonacci retracement