Here we see price has been consolidating a bit between the 89.500 and 89.400 range for the past 2 weeks. I personally have a Long bias on this pair but will only execute if we see the confirmation come in from the EMA's respectfully. Break out to the bottomside is also a possibility, however shorting this pair would only happen after a retest of the broken support of the trend line
CADCADJPYChart PatternsjpyTrend Analysis

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