98.4% That CADJPY will Close This Week with a Weekly Bearish Candle!

17 December 2016, 16:52
Muhammad Elbermawi
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98.4% That CADJPY  will Close This Week with a Weekly Bearish Candle!

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On weekly graph it seem that CADJPY main trend is bearish. The last weekly candle arrangement show a straight movement against the main trend, which increase the probability that CADJPY will reverse soon to its main trend.

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Also, there is divergence in momentum for the last three weeks.

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