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iamarielle_868
Dec 12, 2020 8:59 PM

CADJPY, approaching support zone. Long

Canadian Dollar/Japanese YenFXCM

Description

Price is currently in an uptrend and has pulled back to a support zone. There is also a trend line intersecting this zone (energy point). We could possibly see price bounce off of this area and continue to buy.

However, if price decides to break below this support zone, wait for a retest before looking to enter any bearish trades.
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