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Mihai_Iacob
Sep 15, 2020 3:51 PM

CadJpy- A break under 80 confirms H&S Short

Canadian Dollar/Japanese YenFXCM

Description

I'm bearish this pair since it was just under 81... As I expected, the pair dropped in the first stage to 80 zone and now is sitting just on the neck-line support of a H&S pattern.
A break here should accelerate losses and the measured target is 79 which I expect to be reached in the next few trading sessions.
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