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CADJPY: Time to Drop Lower
Canadian Dollar / Japanese Yen
Short
CADJPY: Time to Drop Lower
By linofx1
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6 days ago
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CADJPY had been consolidating in a wide trading range for nearly a month before a significant news announcement caused the pair to turn bearish.
The price broke below a key support level on the daily chart, indicating a potential downward trend.
The next support level to watch for is at 107.15.
Candlestick Analysis
Chart Patterns
Support and Resistance
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