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Saravan
May 7, 2016 6:56 PM

CADJPY Short Term Buy Long

Canadian Dollar/Japanese YenFXCM

Description

Hello Traders,

This pair testing the daily trend line support. Even though this in a weekly correction and will go one more leg downside, The price will go up short term to test near top of the trend line before moving down. The smaller time frames show bullish volumes. Wait for the nice price action near bottom of the trend line.

Good Luck!

Here is the weekly down trend.
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