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CADJPY SET TO MOVE HIGHER IN WAVE (v) OF ELLIOT WAVE IMPULSE

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
Veejahbee  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis CADJPY cadjpylong cadjpyanalysis cadjpytrade cadjpyshort elliotwaveanalysis
14
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trendanalysis chartpattern waveanalysis cadjpy cadjpylong cadjpyanalysis cadjpytrade cadjpyshort elliotwaveanalysis
CADJPY has just completed a w-x-y double zigzag in wave (iv) of an impulse. A sharp leading diagonal impulse in wave i of (iv) confirmed that wave (iv) has bottomed.
Price has the potential to extend higher to 0.618 Fibonacci Extension that lined up with upper trendline to completed wave (v) impulse move.

Trade below 80.681 will negate the bullish outlook.
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