DeGRAM

DeGRAM | CADJPY buying opportunity from confluence level

Long
FX:CADJPY   Dollar canadien / Yen japonais
CADJPY is approaching the support level and 88.60% fibo level, a bullish harmonic pattern. 

Price pulled back to the support zone in an oversold condition that might create a divergence. 

The market rebounded from the support level multiple times, showing the significance of the level.

We expect a retest of the resistance level since the trend is bullish.



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