CADJPY Chart Technical Outlook

CADJPY Chart Technical Outlook completes the bearish Bat formation close to 110.38
The two-hour chart highlights the completion of a bearish Bat formation close to 110.40. The 8-hour chart highlights 110.40 as the projected resistance for a Bat formation. This has resulted in the immediate bias being to the downside. Support is located at 109.77.

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