CADjpy Chart ANalysi

Remember what the Forex Mechanics wrote about CADjpy . We told you where the price might get to before turning back . We have been long on this pair for quit some time. Now let's do some analysis again.
Simply put,  check the hammer and the bullish candle that folllowed on the Daily T.F Notice that the hammer retraced back from the blue channel acting, as support that has not been broken since April. Again we waited for the price to break the 96.430 before we went long and now we think the price will get to 99.505. But again we need to wait for the current price of 97.010 befor we continue long.
So we are waiting.