CAD/JPY continues to rise inside the 15-minute Rising Wedge which was recently identified by Autochartist. Autochartist rates the quality of this Rising Wedge at the 5-bar level – which is the result of the slow Initial Trend (3 bars), lower Uniformity (3 bars) and strong Clarity (10 bars). CAD/JPY is expected to rise further inside this Rising Wedge – in line with the earlier upward reversal from the support area shown below.