Market Update: Cad/Jpy

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Asset Class: Currency
Instrument: CADJPY

Upward movement is expected to continue on this pair. The wave 4 retracement has been completed and halted at 86.04 and more importantly, the pair has moved back upwards and close above the 38.2 fibo region on 4h and daily.
we would now shift our sight towards the 87.45 region where the asset has been encountering some minor resistances before we take our sight upwards.

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CADJPY analysis


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