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Canadian Dollar / Japanese Yen
Short
Jun 7, 2023
CADJPY - Potential big down move
1
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CADJPY is currently sitting on 61.8% retracement level.
The shaded corrective structures shows that correction is ending / or has ended.
On LTF, price has broken resistance levels. JPY index also is on a pending up move.
Once USDJPY starts moving, we will have a potential big move to the downside.
Good luck, and don't forget to take profits in case it runs the high again.
rookiyong
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CADJPY
Elliott Wave
Forex
rookiyong
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