CAD/JPY At Support With More Upside In View

We see a lot of XXX/JPY pairs still at the start of a bullish continuation. For the USD/JPY, a new leg up may not be far away. A rise above that 112.00 spike high can be a signal for a push to new all-time highs. At the same time, we would probably see CAD/JPY moving higher as well after that deep retracement to 61.8% Fibonacci.

CAD/JPY, 4 H

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