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CAD/JPY has successfully broken above a long-standing descending trendline, signaling a potential shift from bearish to bullish structure. The pair is now showing signs of pullback or retest of this trendline, which could act as a launchpad for a fresh bullish wave. The major support zone near 101.50–102.00 continues to hold strong, and the breakout aligns with...
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rejection from support and 50 period moving average
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