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Namcapital
Aug 31, 2020 1:12 PM

CADJPY short Short

Canadian Dollar/Japanese YenFXCM

Description

Based on the rising wedge and price reaching a strong resistance zone it is a excellent entry for a short sell. For day traders ,targets can be at the 80.75 which was the resistance previously. For swing traders, the target can be at the 80.00 and lastly for position traders the take profit can be at the 78.50-78.70 zone
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