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WeHereFX
Jan 2, 2021 3:33 PM

CAD/JPY Possible bullish continuation.  Long

Canadian Dollar/Japanese YenFXCM

Description

As I look at CAD/JPY I'm noticing higher highs and higher lows on the 4hr chart.
I drew a bullish channel and I'm anticipating for more upward movement to the 81.500 and 82.000 level.
If it breaks below the channel and below the support level 80.500 I'll be looking for a possible reversal.
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