CADJPY has broken two major resistances and is seemingly in pullback phase, according to daily timeframe we are still in a rectangular channel and the price has not yet touched the top of the channel, so a bullish continuation is to be predicted for CADJPY, only enter trade if you get confirmations like candle patterns and pullbacks. RISK REWARD RATIO : 1 to 3
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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.