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⋅ Comment:
CADJPY is trending down after Head and shoulders neckline breakout as well as Ichimoku trend analysis.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) down
- Tenkan sen down
- Kijun sen down
- Chiko span below candles
Next Scenario:
Need to wait for today's candle close. And once the breakout is confirmed, look for a selling edge.
Target to be 102.582, then 101.413.