The CAD/JPY currency pair does not form a major pair even though the yen is considered a major currency, but over the past year it has provided many trading opportunities. On the daily chart we can see an ascending triangle chart pattern which conforms with the Elliot Wave requirement of a five wave move. Based on this I see the last deep towards the 92.90 low, labeled E in Figure 1, as the last correction to the downside before the market to resume upwards.
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