Mihai_Iacob

CadJpy- A break under 80 confirms H&S

Penjualan
FX:CADJPY   Dollar Kanada / Yen Jepang
I'm bearish this pair since it was just under 81... As I expected, the pair dropped in the first stage to 80 zone and now is sitting just on the neck-line support of a H&S pattern.
A break here should accelerate losses and the measured target is 79 which I expect to be reached in the next few trading sessions.

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