Investors turned to safe haven currencies recently as JPY strengthened across the board. Looking at the HTF on CADJPY, we can see that price made a massive push down touching the previous low of 101.6 range creating a double bottom with a reversal impulse. Looking at the LTF, we could see price is currently developing a bullish continuation structure seting up the next impulse which we will see some short term consolidation early next week before seeing another push upwards.
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