CADJPY has recently reached a support line of a rising channel.
it looks like the market has respected 81.5 structure support and we see a buying reaction.
Pay close attention to a falling wedge pattern within the channel and buy the market in case of a bullish violation of the wedge.
Target levels will be 82.8 and 83.5.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.