CAD/JPY: Back on our bullish track now that stops are cleared...

FX_IDC:CADJPY   Canadian Dollar / Japanese Yen
22 0 3
All stops cleared, back on our bullish track now...

Possible level of pause or reversal lies around the 81 level where we have a possible bearish Cypher completion (allthough we didn't quite meet the 1.27 ext for C...) and the MA(200)...

ATTENTION: Watch it though, based on my weekly bat idea the actual first important bullish target lies around 86.00...

Comment: This is the weekly, based on this we might have a small retracement at the Cypher since it coiincides with the upper BB but the chances are rather small that it will be more than only a small retracement...
The big level to watch is clearly around 85-86 where the 0.382 retracement and the down trendline cross...:
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