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Canadian Dollar / Japanese Yen
Long

CADJPY - Wait for impulse to North

75
Price has softly broken the downtrend channel without impulse. Wait for this impulse before entering the market long respecting the Weekly uptrend channel (purple lines). However, be aware of strong rejection forming Double Top on the Weekly resistance line (purple dashed line).
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Economic CyclesSupport and ResistanceTrend Lines

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Economic CyclesSupport and ResistanceTrend Lines
R-T

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.