Ometrading

Breakout setup-CADJPY

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Pair showed a breakout of the hourly bullish trend. In daily frames, we have a bullish structure. So we can expect some bearish movements till 82,1(aprox), wich coincides with support level and 61,8 of fibo retracement. Then, if price stops, we will see another bullish scenario.

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