Although, I believe that CADJPY will be gaining strength long term, I think that it should be retesting the region between 82.70 and 82.50 which falls on the 0.618 fib. Aftrerwards, you should expect to buy in at that same zone for a potential completion of a weekly head and shoulders going up. The zone would be the tip on the right shoulder.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.