CADJPY looking for short term push up above trendline!

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Trading Recommendation

Entry: 79.522

Reason for Entry: Ascending trendline support, moving average support, 38.2% Fibonacci retracement

Take Profit: 79.905

Reason for Take Profit: 61.8% Fibonacci extension

Stop Loss: 79.364

Reason for Stop Loss: 61.8% Fibonacci retracement

The material has been provided by InstaForex Company - www.instaforex.com