OANDA:CADJPY   Canadian Dollar / Japanese Yen
Horizontal resistance and reversal patterns. The pair have hit the monthly supply zone, forming a stretched, rising wedge. The price remains in the wedge following the breakout, and we may witness a negative moment. Wait for the appropriate time and place. All XXXJPY is moving in the same way, including its major pair. We will soon witness the corrective phase at the top of the chart.

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