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Short

CADJPY Bearish Channel to be Formed?

FX:CADJPY   Canadian Dollar/Japanese Yen
Depending on how price reacts with the resistance at which it is now, we may have a bearish channel on our hands. Additionally, if a strong bearish confirmation candle forms on the daily TF, there will already be a well placed short opportunity at the close of the first daily candle this week.
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