CADJPY has been trading in bearish parallel channel and current price suggesting breakout from the channel. One can take enter long in here with managed risk. Alternatively, breaking back in channel will fall the price to support zone.
Trade your levels accordingly.
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Related publications
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.