Filipo1

CAD/JPY long setup on daily.

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
1
CAD invigorated after balanced BoC monetary policy announcement leaving rates unchanged in line with expectations, and OIl resuming its uptrend after EIA's release yesterday.

Price action on this pair just crossed the Bollinger middle band at an important point of squeeze which means that following move could be sharp.

Happy trading.
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