CADJPY: Descending Channel

FX:CADJPY   Canadian Dollar / Japanese Yen
On H4 timeframe we can see that the price has bounced of a strong support levels and also came back inside of long-term Descending Channel ( bullish ) Pattern, which suggest that the price is ready to move (much) higher.

Furthermore, the price broke downtremd line, that is clearly seen on H1 timeframe, which also confirms the bullish move with this pair.


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