Big movement possible on CAD/JPY after a breach of 111.5890

Support breakout on CAD/JPY
CAD/JPY has broken through a line of 111.5890. If this breakout holds true, we could see the price of CAD/JPY heading towards 111.0966 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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