CADJPY - Potential big down move

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CADJPY is currently sitting on 61.8% retracement level.

The shaded corrective structures shows that correction is ending / or has ended.

On LTF, price has broken resistance levels. JPY index also is on a pending up move.

Once USDJPY starts moving, we will have a potential big move to the downside.

Good luck, and don't forget to take profits in case it runs the high again.

Feragatname

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