加元 / 日圓
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CADJPY: Time to Grow Higher

146
CADJPY was consolidating within a horizontal range for more than a week before a significant news release yesterday caused the pair to become more bullish.

The price successfully broke above a resistance level on the range on 4-hour timeframe.

It is likely that we will see an bullish movement next, with the next resistance level to watch for at 108.49.

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