This pair has been in a major downtrend and recently major a higher high on bigger time frames, forming a head and shoulders pattern which has given a lot of bearish pressure.
We look at seeing CADJPY further heading to the downside after a clean break out of the current support level it is at. Let's see how it plats out and as always, trade wisely. feel free to check the linktree [in my bio for my free chart analysis group
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