CAD/JPY 07.02.2012

CAD / JPY continues to test resistance at 77 and still evolving within its uptrend channel(black lines).
All indicators are bullish.
We continue to advise long positions as the support is 76.37.
Break 77 will give a new buy signal and open the way to 77.50.
In case of return to 76.37, we will be neutral between this level and 76.

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