After the fake break of the Support zone the CAD/JPY was rising in the Uptrend channel. After the recent steep Uptrend the price has tested the Resistance zone and showing the pullback in price which is expected to continue.
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Disclaimer
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.