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Don't miss the great sell opportunity in CADJPY

Don't miss the great sell opportunity in CADJPY

Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (81.1). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. CADJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 32.

Take Profits:
TP1= @ 80.50
TP2= @ 79.93
TP3= @ 79.50
TP4= @ 78.97
TP5= @ 78.40

SL: Break Above R3

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