CAD/JPY is approaching 114.1320. We expect either a breakout through this line, or a rebound.

Either a rebound or a breakout imminent on CAD/JPY
CAD/JPY is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 14 days and may test it again within the next 2 days.

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