CAD/JPY (Daily Chart) - Bullish Trend Channel
This pair is now at the bottom of the bullish price channel, making it a low risk trade to go long now.
There is strong resistance near the top, but there is enough room for it to go up to make it a viable trade.
The most recent bar shows strong buying pressure, which is a good sign for entry.
There is strong resistance near the top, but there is enough room for it to go up to make it a viable trade.
The most recent bar shows strong buying pressure, which is a good sign for entry.
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