Currency Pair: CAD.JPY Time Frame: Weekly, Daily, 4hr & 1hr Predicted Direction: Long
CAD.JPY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment
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A continued break to the upside was expected, however price failed to pullback deep enough to provide a minimum 1:1 trade opportunity.