thedailychartist

CADJPY bullish case in play above 82.00...

Long
OANDA:CADJPY   Canadian Dollar / Japanese Yen
This is a follow up to a previous post about a possible breakout setup from this long term descending channel. Did not materialize immediately but is making another attempt this week.

Looking for a weekly close above 81.95. Note that this will also be a monthly close. Should be significant if it happens.

Will look to buy above said level once breakout is confirmed (weekly and monthly close).

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