CADJPY: Ready to Climb Higher

**CADJPY Update**

After consolidating within a horizontal range for over a week, a major news release yesterday triggered a bullish shift in the pair.

On the 4-hour chart, the price has broken above the range's resistance level, signaling potential upward momentum.

The next resistance to watch is at 108.49.
Chart PatternsSupply and DemandSupport and Resistance

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