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CADJPY Key Levels to Watch Following Canada's Elections
The CADJPY is more than 100 pips above the 81.80 support area I discussed in the October 12 Forex forecast video. I also wrote a post on the 14th where I pointed out the potential for a 400-pip rally to end 2019. Although buyers have a long way to go, the pair is well on its way. Notice too how CADJPY is bouncing from 82.50 support. I mentioned this minor support area in Saturday’s forecast video. However, buyers are approaching what I would consider their first critical test at 83.20. The 83.20 region capped the pair’s advance during the first half of July. It also served as a key pivot between April 2 and May ... (full story)