CADJPY Bullish over the 4hour MA50, bearish under it.

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CADJPY held again the 4hour MA50, which has been providing rebounds for the 1 month Channel Up with breaking since June 1st.

Buy as long as the price stays over it and target the September 13th High (Resistance A) at 110.600.

Sell if it breaks under the MA50 and target the 4hour MA100.

The 4hour RSI is holding its Rising Support. An additional pivot level to use.

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