Long on CADJPY

With the CADJPY`s consolidation around the 101 area, we are anticipating breaking the levels and aiming at 100 - 120 pips upward movement in the currency pair. The trade would require you to keep a close eye on the parameters due to the market volatility and once in 30 pips our way, we will be looking at adjusting our SL to Entry. The levels that we have set behind this idea are as below:

TP: 102.272
SL: 100.340