The JPYs Bulls lost some steam as corrective moves dominated the late U.S. session. The JPYs bounced off support levels, and outlook remained Bullish.
The CAD/JPY was in a triangle pattern, indicating Trend contiuation for Long and facing a strong resistance at 94.250 - 97.750 zone. A break out of that zone on upper side, confirmed Bullish momentum and a possible move to 97.250 zone.
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Sardar Uddin
TradeCuts
www.tradecuts.com