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Technician

CADJPY: Long term Inverse Head & Shoulders Completed

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Technician  
FX:CADJPY   Canadian Dollar / Japanese Yen
Head and Shoulders
142
23
headandshoulders
The price has successfully broken and stabilized above the neckline of a gigantic inverse head and shoulders pattern. I suggest two targets for the pattern, one conservative and one longer term target. Any pullback should be considered an oppurtunity to long on any shorter term confirmation.

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