After it was rejected by the 200 days MA line, $CADJPY is back near the but now it is above the broken downtrend line (red dashed line).
Those who seek opportunities may look at the potential Head and Shoulder pattern (blue circle) but considering that $CADJPY is near weekly that includes also a weekly uptrend line (green dashed line) and potential Aggressive C setup for a weekly (yellow), I prefer to focus on the side.
Tomer, The MarketZone
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80 is next weeks critical support zone