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AiTechnologies
Jul 6, 2015 7:45 PM

Simple technical analysis of CADJPY Long

CANADIAN DOLLAR / JAPANESE YENICE

Description

Price is falling towards weekly support line which gives the opportunity from point B to go long for a range retracement. The risk of this trade could be the price break much below the support line. Before entering trade, confirmation of the level approx 94.07 is needed.
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