🏛CAD_JPY is falling too, and trying to buy it
Resembles the attempts to catch a falling knife
Thus, I do not encourage trading this setup
However, the first key level is almost reached
And we might indeed see a pullback from there
If not, then the second key level is below at 85.5
Trade with care! And better observe the market
Waiting for the broader reversal to begin
LONG🚀
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Note
Target reached!
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Related publications
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.