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Preparing the week with 100eyes Forex Scanner - CADJPY

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Now that the markets are closed, we can take a step back and carefully observe all pairs.

After closing in on a strong support zone from the 4h, we see three very bullish signals:

1) The RSI is recovering
2) A hammer has been printed
3) A huge green candle formed after the hammer

This is a great opportunity for a long, and after observing the a confirmation on the price action during the market open we can decide to enter this long trade.

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