The CADJPY is showing a bullish outlook, indicating a strong opportunity for long positions. With key support levels holding firm and bullish technical indicators like RSI above 50 and a recent MACD crossover, the market sentiment favors upward momentum. Targeting resistance levels while managing risk with a tight stop loss below recent swing lows can optimize potential gains. A break above current resistance would confirm further upside potential for CADJPY longs.
Trend Analysis

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