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CADJPY - Renewed risk appetite after China....>

FOREX
FOREX: CADJPY - Renewed risk appetite after China resumed buying soybeans
squeezed to Y84.98 in early Europe, before meeting resistance ahead of Y85.00
(Y84.99 - Dec 12 high). This level also holds the 200-dma and will be key at the
close for the next leg higher. Above here opens the 61.8% retracement of
Y86.24-83.56 at Y85.22, ahead of the 100-dma at Y85.81.   

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