FrenchIvory

CADJPY; Long Term uptrend has Started

Long
OANDA:CADJPY   Canadian Dollar / Japanese Yen
In the past week, CADJPY has broken above and retested a major Weekly/Monthly resistance for the first time in years, which indicates the trend is still healthy, and up. The next target is 98.650, althought i am planning to take some profits at the (A) pictured level, before i anticipate a potential Weekly retracement to the 91.400 support/resistance level before we continue up.
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