ForceFollower

CADJPY W1: At the Resistance Area

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
4
CADJPY has bounced off of the lower border of the upsloping channel to stage a large rally. Now it's hit the resistance coming from the lower border of the downsloping pitchfork, as well as the prior lows of Aug 24th. Given that, some correction back to 85 seems to be justified.

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