it is good to sell cad-jpy because big new BoJ Monetary Policy Statement will come from japan on thrusday and friday BoJ Outlook Report (YoY) then finally BoJ Press Conference. yen is expected to become more strong. yes it may be risky trade so you should add stop loss at 81.00
Note
i recommend for those who don't want to take risk in this trade so close your trade before BoJ Monetary Policy Statement which will be release after 6 hours.
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