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CADJPY - recommendation from JP Morgan

5:30 PM 8 March 2021

JP Morgan issued a recommendation for the CADJPY currency pair.

The Bank recommends taking a long position on the pair with following levels:

Entry: limit order to long at 85.500

Target: 90.000

Stop: 83.500

JP Morgan recommends placing a limit order to long on CADJPY at 85.500 with a target of 90.000 and a stop loss order placed at 83.500. Source: xStation5

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