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21/1/21 11:17(CET)_Signal UPDATE CAD/JPY Long from 21/1/14 10:45(CET)_STOP LOSS



Today, CA analysts are closing the “long” analysis from 21/1/14 on CAD/JPY. The market did not show the expected strength and did not break through the resistance band.


ORIGINAL TEXT: CAD/JPY Long. The CAD JPY currency pair was in a slightly declining trading range with a range of 3 trading points. Currently, the price remains at the magical level of 82 points, which forms the resistance line of the last few months. According to the mood in the market, the current fundamental situation is supported by greater confidence in the Canadian economy, where the impact of Covid19 is less pronounced than in Japan. This is a resistance breakthrough analysis.

Chart source: WebTrader


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