GuidePedia

1
CADJPY could bounce from the current trend and may lead the signals in the uptrend. In a min.time-scale the chance for a pullback is very open.



The pass-through near 84.80 will be the clear sign of confirmation for the pullback. 
On a daily closing basis, the pair could easily fetch the mark 86.00 and the 86.50-55 resistance-line. 

Should prices rally beyond 86.55, the 87.20, the 87.75 and the 88.00 could please the buyers.

On the contrary, if the signals remain with bear means, at 84.20, may keep restricting the pair's immediate downside, this move boost-up the downtrend. 

The trend breaking zones 83.50 and the 83.30 are very crucial to watch. In case the breakout happens, the 82.00 will the halt for the price range.

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