Nico.Muselle

CADJPY - a little retracement before moving further up ?

FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY has reversed the trend and made a considerable move up all through the day. RSI is overbought now and it is probably exhausted and gasping for breath. We might see a +- 0.382 retracement into previous structure before rallying into the minor support level on the daily chart.

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