CADJPY: ⬆️ Buy
– CADJPY broke resistance level 114.30
– Likely to rise to resistance level 115.00
CADJPY currency pair recently broke above the resistance level 114.30 – which reversed the price in the middle of December.
The breakout of the resistance level 114.30 accelerated the active impulse waves 1 and (3).
Given the strong daily uptrend, CADJPY currency pair can be expected to rise to the next resistance level 115.00 coinciding with the daily up channel from October.
Source: Fxpro