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CAD/JPY Signal - JPY Leading Economic Index - 7 Sep 2021

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Signal Details
Entry Price: 
87.594
Take Profit: 
87.000
Stop Loss: 
88.200
Direction: 
Sell
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Average: 5 (1 vote)

CADJPY has broken the support trendline prior to the JPY Leading economic index data, which is an economic indicator that consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. Technically the pair has broken the support trendline near the resistance trendline, and the RSI is pointing to downside.

Submitted by Toni H. on Tue, 07 Sep 2021 04:54:51 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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