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CAD/JPY - Short-term Correction Scenarios

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Old 28-03-2012, 01:21 AM
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Default CAD/JPY - Short-term Correction Scenarios

Starting with the 1H chart, it should be noted that momentum has turned sideways, and no longer bullish in the short-term. (The RSI reading has whipped above 70 and below 30. Now it is above 70, with a bearish divergence as price action tests the 84.00 handle between 61.8% and

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