CADJPY rejected from the wedge top
CADJPY reached 103 in a strong upside swing on the back of a loose Japanese central bank monetary policy. This rejection from 103 and a clear confirmed break below 100 will lead to an acceleration of the downside reversal. If we get a confirmed break below 100.700 this will be a perfect short trade opportunity for a reversal down to 94.
Note: look for the short trade entries with the stop loss above 101 upon a break below 100.700
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