Cadjpy from a d1 perspective is in an uptrend but has also broken above 77.500 a level which has not been retested since. i missed a buying opportunity at 77.769 on the h4 but usually price tends to retrace and close inside of the area of support on the d1 chart. therefor i will be waiting for price to come within 77.500 area and to provide a valid entry and enter a buy targeting the previous highs, ultimately expecting a higher high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.