CADJPY is in a flag pattern. We are waiting for an escape candle with Propper momentum ether up above 101.212 to continue bullish or below 99.254 to fall bearish.
Although a bullish move would be more favorable, the price is in a Demand zone, with a 50 weekly moving average and touching the trend line below.
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Although a bullish move would be more favorable, the price is in a Demand zone, with a 50 weekly moving average and touching the trend line below.
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Please follow if you're interested in more ideas like this.
Your support is greatly appreciated!
