CADJPY has been hovering over a support within a huge channel for over 9 days. I believe price will break further to the upside of the channel because - price is still slightly retesting within this 'upwards' channel, hence this support is strong for upside movement - EMA 200 is pressuring the price to break down, yet it has been obeying the support and retesting upwards - An important key support level.
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