if we don't break the major trandline the trand still go down let we see what happend. i suggest to sell the pullback and wait for buy....
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ADP Non-Farm Employment Change is very positive this
explains the super positive candle besides the fact that the CADJPY at the moment is correlated to 70% with usdjpy. For today at 16.00 out another important fact if it will be above expectations we could reach the level 61.8 or xop level depends on the volatility of the moment, if the data is as expected as short term trand is still long until the levels indicated. The trand long we would have more buyers to the brake of the main trandline
explains the super positive candle besides the fact that the CADJPY at the moment is correlated to 70% with usdjpy. For today at 16.00 out another important fact if it will be above expectations we could reach the level 61.8 or xop level depends on the volatility of the moment, if the data is as expected as short term trand is still long until the levels indicated. The trand long we would have more buyers to the brake of the main trandline
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