CADJPY: rollback more than 70%

The price maintains an uptrend since October last year. The key to such a long and steady growth is a large number of corrections. After each strong rally, the price retraces about 70 +% of the previous growth. And it continues to grow from a new level. When analyzing, you can focus on price levels at which the extremes of growth and corrections fall. Now the price is at its peak at the level of 82.64. Its next step is to drop to the 81.63 level.

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