CADJPY has hit top trendlines forming previous lows and is rising forming a rising wedge, waiting for a good breakout and a retest. On previous occasions the JPY pairs have broken out and not retested. Entering at a breakout and managing risk could also be a move.
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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.