CADJPY Huge Bullish Potential Back To Where It Belongs!!!!

Lets look at the overall picture of CADJPY, we can see that this pair have been consolidating between 80 to 88 price level for a long time. Currently, price level is definitely below this level and from what I am seeing now, it looks like a huge fakeout movement away from the S&R that it obeys closely to (Bold Lines). We can already start to see a formation of a higher low and what I will be seeing is a bullish movement to 81.67 where I believe we will see a rejection once again, thus causing price level to retest the strong support level @80.40 (back to consolidation phase). After which, I will see a continuation bullish movement to test the strong resistance level @84.95. As of now, this is looking like a nice risk to reward trade opportunity!!!

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