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January 10, 2012

CAD/JPY About to Break Out of a Triangle Congestion Pattern

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The CAD/JPY has been trading in a triangle since bouncing off 72, and then rejected from 79. The declining resistance goes back to the April 2011 high near 89.40. The support connects the Oct 2011 Low with the Nov 24 low. The 1/9 trading session respected the rising support near 74.60 (cracked down... FF News: Technical

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