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CADJPY: Bullish Momentum May Push CADJPY to 111.25

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CADJPY: Bullish Momentum May Push CADJPY to 111.25

In our previous analysis, CADJPY reached our first target. Despite the BOJ reporting an increase in CPI data and threatening Forex intervention, the market did not react significantly. Since then, CADJPY has increased by nearly 180 pips.

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