Canada Coins، yen coins
Canadian Yen Weekly Technical Analysis
The Canadian Yen is moving in a bearish price channel. I expect the bearish trend to continue from the resistance area at 88.06 levels, to target the support area at the lower channel wall at 86.65 levels, from which it is expected to form the bottom of the week and target the resistance area again at 88.06.
But in the event that a candle closes above 88.43v on the day, we expect a corrective rise by targeting the second resistance area at the upper channel wall at 89.46 levels, from which it is expected to form the top of the week.
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