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Long

CADJPY Possible long opportunity

FX:CADJPY   Canadian Dollar/Japanese Yen
18 0 2
CADJPY             has tested the Fib 61.8% support and then upside broken the downtrend channel. With a channel breakout pattern, the price is expected to go long a 1:1 range of the channel and reach 93.25 level, and more bullish movements may come afterwards. It is possible to look for long signal based on the support of H4 trendline and 15EMA.
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