CAD/JPY GOING LONG! BUT FOR HOW LONG? CAD/JPYOANDA:CADJPYtaylorgndoI want to document this possible direction because from what I am seeing this looks very probable. When it comes to this pair we have seen a great push to the upside that looked very steady until the disaster of 10/10 but I believe we will bounce long! but for how long is the good question, I would pay attention to this pair due to the fact that there is no real impactful news this week for either pair! Meaning some good foundational trades should be possible but again we follow price action and then move a long side! My theory is- Price will push down to .786 or .619 level and then bounce back up for a pullback or correction! (for my ICC) this is where I will be looking to do longs if I see HH N HL on smaller time frames up until critical prices like 108.497 and 108.962 and above! one of these key levels will either hold and push down even further or it will be broken and price will continue! tell me your feed back and thoughts on this trading idea.