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Thread: Cad/jpy analysis

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    Default Cad/jpy analysis

    Looking at the CAD/JPY pair for 30 minutes, it is noticeable that it is gaining some pips at the price 107.44 level Should there be a continuous appreciation in the price, the next resistance level will be 107.65 the next support level at 107.35.

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    In a ranging market, trade support and resistance by buying near support and selling near resistance. Alternatively, exercise patience and wait for a breakout trend. While ranging markets can be challenging, patience and strategic waiting often lead to better long-term success. Use downtime to focus on hobbies and self-improvement. I have a superior trading platform with LQDFX broker and in includes all necessary technical errors.

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