After testing the support line numerous times, CAD/JPY is once again approaching this line. Can we expect a bearish trend to follow?

Possible breach of support level by CAD/JPY
A Channel Up pattern was identified on CAD/JPY at 109.735, creating an expectation that it may move to the support line at 109.4890. It may break through that line and continue the bearish trend or it may reverse from that line.

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