Sell CAD/JPY Resistance Zone

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The CAD/JPY pair on the H1 timeframe presents a potential selling opportunity @ Resistance Zone

Key Points:

Sell Entry: Consider entering a short position around the current price of 108.25.

Target Levels:
1st Support – 106.65
2nd Support – 105.48

Stop-Loss: To manage risk, place a stop-loss order above 109.02. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

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Best Regards, KABHI FOREX TRADING
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beyondtechnicalanalysisCADCADJPYcadjpyshortChart Patternsfundamental-analysisTechnical Indicatorsjpysupply_and_demandsupportandresistancezonesTrend Analysis

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