CADJPY holding below long term descending trendline and about to break short term trendline support!

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Trading Recommendation

Entry: 75.887

Reason for Entry: 50% Fibonacci retracement, ascending trendline support

Take Profit : 75.407

Reason for Take Profit: Graphical swing low

Stop Loss: 76.123

Reason for Stop loss: Graphical swing high, descending trendline resistance

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