CADJPY breakout turned out to be false / Fall

2021년 2월 26일

During the uptrend since September 2020, the price was able to break through strong support.

This is a strong support line since 2019.
The fact that the price was able to break through it, and also gain a foothold, became the basis for the price growth.
This support is the reason for the slight breakdown of trend resistance.
After a strong support, the price rose to the resistance level 84.103.
Then she broke the line, but fell again.
I expect the price to continue to fall as it is supported.
The target is 83.013.

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