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CADJPY improves to fresh daily highs of.......>

FOREX
FOREX: CADJPY improves to fresh daily highs of Y84.23 and holds firm at typing.
Rate holds in the middle of short-term channel with topside focus on a break of
the Mar 4 high & 200-dma (not closed above since late Feb) at Y84.34/48. It's
also worth noting CADJPY charted a a bullish engulfing line at the start of the
month which indicated a future bullish trend. Seasonality factors have also seen
the cross register gains in April, nine of the last fourteen years. Currently
+1.38%.  

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