CADJPY: Bullish Outlook Explained 🇨🇦🇯🇵

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CADJPY is trading in a bullish trend on a daily.

Last week, the price set a new higher high higher close,
violating a strong horizontal resistance.

The market opening turned out to be bearish.
The pair is currently testing a contracting demand zone
based on a broken structure and a solid rising trend line.

I think that the market may resume the growth soon.

Next resistance - 115.8

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