Watching CAD/JPY for a potential Short: Technical Analysis

Bearish Doji and the stick failed in the highlighted resistance area.Oil prices declining fundamentally Canada is facing pressure as well with pressure from US trade deal. 5 and 10 EMA have a bullish cross and the currency is not oversold nor overbought which shows signs it has room to make a move.

Entry:  81.60
Exit: 80.55
Stop Loss: 81.90
Risk//Reward: 4:1