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05-28-2008, 02:46 PM	#1 (permalink)
DannyBly Junior Member Join Date: May 2008 Posts: 8	CAD/JPY Channel Looking at the daily CAD/JPY we can see a nice upward channel forming - containing the reaction to the longer term downmove. Watching this pair for potential breakouts to the up or downside of the channel - and for a potential cross of the 50 and 200 EMA's indicating either an (upside cross - bullish) trend change or (downside cross - bearish) trend confirmation. __________________ Analysis By TradersLog.com

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