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Gartley '222' Pattern Could See The CADJPY Tumble Again

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Yen is currently bulldozing the USD and as a result speculation about the reaction of the Bank of Japan has become front page news. Setting speculation about the BOJ’s chances of intervening aside, the Yen’s movements against another North American currency could be worth taking a look at. Specifically, a developing chart pattern could signal the CADJPY is on the precipice of taking another tumble. By taking a closer look at the H4 chart for the pair, it has become evident that a bearish

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