naserdehdar

Dont miss a good buy position on cadjpy

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
there’s additional context here, as well, as CAD/JPY has now built a bull flag formation, often followed with the aim of bullish trend continuation. The zone around 90 is very busy, with multiple Fibonacci retracements confluent within a tight area on the chart, including the 38.2% retracement of the recent bullish move plotted at 89.92.

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