Today CADJPY reached a monthly resistance at 83.900, price action has strong bullish momentum since 82.800, and in the monthly and weekly chart the price is in a triangle, right now going up. I will wait for a retest in the 83.400 zone to enter long. We have to take into account that as we are in a monthly resistance, price may range a lot for a while, so we have to be careful. ALWAYS remember to manage your risk!
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