What I personally believe - we will 78.00 as a long term target. CAD JPYcurrently in a downtrend anyway. So all that we have for the last couple of weeks were the correction wave and I decided to take a short here. The reasons for the short: 1) The global trend, local trend: DOWN 2) HUGE FAlse break of H4 trend line 3) H&S pattern on H1 4) Break of 200 EMA H4