Hello everyone, A good opportunity has been detected on the CAD/JPY pair. After strong upward movement on the CAD/JPY, the price found resistance on a 78.6% Fibonacci retracement level, pulled back and is currently correcting to the downside. We are expecting the price to reach approximately the 80.20 price level, where we have 2 Fibonacci retracement levels, an inside support point, as well as the upcoming 50 Moving Average.
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