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CADJPY currency pair recently broke the resistance level 105.600 (top of the previous Evening Star from the middle of this month) and the 61.8% Fibonacci correction of the downward correction 4 from the start of June. Given the strong daily uptrend and the continued bearish yen sentiment, CADJPY currency pair can be expected to rise further toward the next resistance level 107.200 (top of the previous minor impulse wave 3 from the start of June).
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