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CAD/JPY 19/02/19 | EconAlerts

Technical Analysis – CAD/JPY slightly bullish in the short-term

CAD/JPY advances above SMAs with soft momentum. CAD/JPY has been struggling within a narrow range in the near term with upper boundary the 83.96 resistance and lower boundary the 82.26 support barrier. The pair climbed above the bullish crossover of the 20- and 40-simple moving averages (SMAs) as well as above the 50.0% Fibonacci retracement

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