UnknownUnicorn15614419

CADJPY: breakout of a strong support zone, what's next?

Long
FX:CADJPY   Dollar canadien / Yen japonais
The price was able to break through the strong support zone (at that time - resistance) 89.21. This zone consists of the strong line of October 2015 and the support level. Now we can expect the price to consolidate on the line and continue to rise to the nearest resistance level of 91.59.

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