Entered a short position in CADJPY at 112.31.(This is Only half of our entries and 5mins late)

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Entered a short position in CADJPY at 112.31.

Stop loss is set at 113.12.

Selling the CAD due to its high correlation with oil prices, which are currently declining due to the stabilization in the Middle East. Additionally, with the USDJPY entering the 154 yen range, the likelihood of Bank of Japan currency intervention is increasing, suggesting a bullish outlook for the Japanese yen.