bbebal
Long

CADJPY CONTINUATION

FX:CADJPY   Canadian Dollar/Japanese Yen
JPY weakness is in full force here, and CAD strength as well. A massive continuation pennant( as seen on the weekly chart) or a triangle(slightly decending) . An upward breakout of this triangle would possibly push CADJPY             towards 108 levels initially and 118 thereafter, as a longer term target. An initial entry could be a close above the short term prevailing high of 96.25
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