CADJPY tests 200 day MA/61.8% retracement

BY admin admin

Key level from a technical perspective
The CAD is getting stronger against the USD (see post here). It is also moving higher vs the JPY.
The CADJPY moved above its 100 day moving average yesterday (currently at 78.953) and has raced even higher today to test its 200 day moving average at 80.515 (green line in the chart above).  

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