Canadian Dollar / Japanese Yen
Long
Updated

Expect a Bullish run on CADJPY - Reversal

456
PIVOT: 99.00

OUR PREFERENCE
Long Position above 99.00 with targets at 101.20 , 102.20 & 103.20 in extension

Alternate Scenario
Below 99.00 look for further downward trend with 97.00 & 96.30 as targets.

Comment:
the immediate trend is down but the momentum is weak
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