DeGRAM

⚠️ CADJPY false breakout and fall

Short
FOREXCOM:CADJPY   Canadian Dollar / Japanese Yen
The price has been moving in a growing channel since June 2020.
In early May, it broke through the support-resistance line at 89.81.
I expect that the breakout will be false and the price will return to the channel.
An additional reason for the fall is the July 2019 resistance line.
The target is 89.35.

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