CADJPY holding above trendline support! Further rise expected!

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Trading Recommendation

Entry: 78.598

Reason for Entry: 38.2% Fibonacci retracement, ascending trendline support

Take Profit: 78.972

Reason for Take Profit: -61% Fibonacci retracement, 50% Fibonacci retracement

Stop Loss: 78.389

Reason for Stop Loss: Recent swing low

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