Chart of The Day $CADJPY 11-02-2016

On the CADJPY  H4 chart we can see rectangle break below 77.800. Downside extension levels are 77 and 76. Invalidation of a downside move will be only in a case of break above 78.500.

Happy trading! (click on the chart to enlarge it)

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cadjpy trend following strategy

 

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