CAD/JPY broke key support with strong bearish pressure from Ichimoku cloud, expect further drop!

Entry : 83.48

Why it's good : horizontal pullback resistance, 23.6% fibonacci retracement

Stop Loss : 83.63

Why it's good : horizontal pullback resistance, 38.2% fibonacci retracement

Take Profit : 82.69

Why it's good : horizontal pullback support, 61.8% fibonacci retracement

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The material has been provided by InstaForex Company - www.instaforex.com
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