CADJPY currency pair continues to rise sharply after the earlier breakout of the round resistance level 100.00 (which has been reversing the price from the end of March – having stopped the earlier sharp impulse wave 3). The breakout of the resistance level 100.000 continues the active impulse waves (iii), 5 and (C).

Given the clear daily uptrend and the continuation of the bearish yen sentiment – CADJPY currency pair can be expected to rise further toward the next resistance level 104.000 (target price for the completion of the active impulse waves 5 and (C).).