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CADJPY Holding After BOC Comments
The BoC's recent hawkish tone has $CADJPY holding steady around 114.763, but with oil prices easing, I'm watching for a potential retracement; definitely on the watchlist for a short setup if that macro picture shifts further.
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Agree with the retracement potential. I'm more focused on the yen side; seems overextended given the BoJ's recent moves. Hard to see CADJPY holding this much longer.