CADJPY: Classic Trend-Following Setup 🇨🇦🇯🇵

31 May 2022

Hey traders,

CADJPY is trading in a long-term bullish trend.
Reaching a new high the market started a correctional movement.
For more than a month, the pair was steadily falling within a bullish flag pattern.
Yesterday, its resistance was finally broken.

I believe that such a breakout may initiate a bullish trend continuation.
Goals: 102.7 / 104.5

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