Tuesday, September 20, 2016

CadJpy: Watch out for a rally

At the beginning of this week, we looked at 9 emerging patterns across 9 currency pairs.
I pointed to the fact that patience is needed as we wait for price to validate our forecast.

CadJpy is one of the 9 pairs and it seems price has completed the diagonal mouth as was forecast in the article. You can read HERE to refresh the idea in your memory.

A breakout upside could result in good bullish move to 78.75 - 79 price region.

Let's see how price plays this out.

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