TomJordan

Consolodation of recent gains, if structure holds

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
We're so far holding firm to medium term structure and key fib levels. If we see a rejection of 85.000 support then a small bounce back would offer up a good short opportunity to retrace down to the 82.500 area. However, if the support holds, then a move up to the 38% fib would be another key resistance level to keep an eye on.

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