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Forex signals CADJPY, 09.10.2012 October 9, 2012

Buy limit CADJPY at 80.50 StopLoss 80.20 TakeProfit 79.80.
The forming head with shoulders suggests a reversal of the uptrend and start of a downtrend. The initially expected aim is  slightly below the psychological level of 80 yen for Canadian dollar.

These are forex signals by All ideas and thoughts are expressed by the author and it is not obligatory to reflect the view point of The purpose of the forex signals is to give information only and they should not be considered as advice for investment. The decision to act on the base of these ideas and suggestions depends entirely on the reader.
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