CADJPY Trading Plans (Post Inflation)

We have seen a further rally since the odds of cutting did not drastically change post CPI in Canada.

We know BOJ is potentially looking at intervention, just as before.

1) We are hitting where we feel previously and larger orders came in the Market. This gives us a technical short area.

2) Sentiment is the same in regards to the above.

3) Risk management (sizing should be low) due to the inherent nature of JPYs over recent history to swing.