Does 0.9900 support in the loonie set up an acceleration in the CAD/JPY?

As the Canadian dollar sinks to 0.9900 on a rough week for the currency, the 0.9900 level may be tempting for bulls who feel that the BOC letdown and today’s CPI miss has been priced in. The yen weakness continues to drive the CAD/JPY higher despite the loonie moving slowly lower. The CAD/JPY…

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Does 0.9900 support in the loonie set up an acceleration in the CAD/JPY?

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