Breach of 115.5830 could mean a start of a bearish trend on CAD/JPY

Big movement possible on CAD/JPY
CAD/JPY has broken through a line of 115.5830. If this breakout holds true, we could see the price of CAD/JPY heading towards 114.9698 within the next 22 hours. 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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