CADJPY has been converging in a symmetrical triangle and currently moving under bearish trendline on shorter timeframe. We are expecting it will bounce from the support zone (highlighted) and ultimately break above the converging triangle. Alternatively, breaking below the support will result in more bearish pressure.
Trade your levels accordingly.
Trade your levels accordingly.
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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.