CADJPY H1 Analysis

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The CADJPY chart reached an important resistance level and will likely break it. It tested few hours ago and got slightly rejected. Now, it will try to break it for a second time and will probably succeed. Furthermore, CAD pairs are gaining strength against other pairs and the momentum will likely continue. Hence, the trade would be executed as follows:
CADJPY
BUY: 79.650
SL: 79.250
TP1: 80.050
TP2: 80.450

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