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DeGRAM
Feb 28, 2024 9:09 AM

DeGRAM | CADJPY buying opportunity from confluence level Long

Canadian Dollar/Japanese YenFXCM

Description

CADJPY is approaching the support level and 88.60% fibo level, a bullish harmonic pattern. 

Price pulled back to the support zone in an oversold condition that might create a divergence. 

The market rebounded from the support level multiple times, showing the significance of the level.

We expect a retest of the resistance level since the trend is bullish.



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Comments
DeGRAM
Good luck in the markets and may the profit be with you !
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