Watching CADJPY at these highs

Hey everyone,

Just wanted to throw out some thoughts on $CADJPY. We've seen a pretty consistent move up, currently sitting around 115.288, which is basically testing the day's high of 115.36687. What's catching my eye is how this push is happening after a decent run. I'm wondering if we're seeing a bit of exhaustion up here, or if there's enough juice left for a real breakout past this immediate resistance. The daily candle is looking strong, but those wicks can be telling. A lot of the recent strength feels momentum-driven, and while that can carry for a while, it also tends to reverse quickly if the underlying narrative shifts.

My line in the sand for this move continuing upwards would probably be a sustained break and hold above 115.50. If we can't get that, and start to see some clear rejection from these levels, especially with a close below say, 115.00, it would invalidate the current bullish momentum for me and open up a potential retracement. Not saying it's a guaranteed short or anything, just that the risk for continuation versus a pullback seems to be evening out here, and it's a spot I'm watching closely before considering any new positions.