CADJPY NEAR CHANNEL SUPPORT - Trade Achievers

CADJPY NEAR CHANNEL SUPPORT

 In Charts

MARKET ANALYSIS: The price is now trading inside a ascending channel . it has reached the support level . The market came and took a strong support level at the 61.8% fib level. So if the channel support holds we can expect a move to the next possible resistance zone . A break below can make the price to move towards the support zone then start rally to the resistance zone . So lets wait and see what the market does in the coming days. Cheers!

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