peterbokma

CADJPY-SELL++

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FX:CADJPY   加元 / 日圓
The SMA strength indicator suggest we have had a strong trend, and this is likely coming to an end. That is why it's high range. The BB% also is above it's norm and further the regression trend shows even we are outside its boarders.

The strategy is therefore SELL 98.60-98.90 for a move back towards 94.25.

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