CAD/JPY Strategy: Flat
The rally since 2-2 may come to an end at least in the short term. Largely on the energy (pardon the pun) of a robust economy the Loonie has been rallying against the unsuccessful “Abenomics” strategy that keeps Japan stuck going nowhere.
Price consolidated from 3-5 to 4-14 and since the 15th has moved aggressively peaking at about 100. ...