Cad Jpy
As you can see, i`m analysing it based on monthly timeframe and at the present moment the trend is heavily bearish from 91.25 towards the present price of 81.25.
The level 81.25 is the previous and present Monthly Support level to which if it is broken, then the price will continue it`s downtrend momentum towards 77.50 - 72.50
However if the price reject the 81.25 level , a strong possibility of bullish movement towards the previous high of 87.50 and above in long run (Q2)
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