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CADJPY downward trend confirmation at daily tf
Canadian Dollar / Japanese Yen
Short
CADJPY downward trend confirmation at daily tf
By ZenTrader111
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Jan 22, 2015
1
Jan 22, 2015
Declining interest rate differential following BoC's move to cut interest rates to 0.75% from 1%.
yesterdays price action saw the lagging line close below the cloud, confirming a downward trend
SL - orange dotted line
TP - green line
entry - yellow line
ZenTrader111
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