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VladimirRibakov
Dec 13, 2022 9:50 AM

CADJPY Bearish idea Short

CAD/JPYOANDA

Description

W1 - Price respected the psychological level 110 and bounced lower.

Bearish convergence.

D1 - Currently it looks like a pullback is happening.

No opposite signs.

Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
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