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FontaineTradez
Dec 1, 2020 4:18 AM

CADJPY 

Canadian Dollar/Japanese YenFXCM

Description

I am currently waiting for price to come up and retest the current KL of support at 80.577. Price has been rejecting off an uptrend line for some time and continues to bounce around. I am anticipating price to show rejection on the 10M chart before I enter the trade for a short. If price does not retest and show rejection but breaks through I will look to go long and target the next KL of resistance I see.
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