- CAD/JPY has recovered till 92.67 at the time of writing and declined till 91.78. It is currently trading around 92.60
- The pair’s minor resistance is around 92.70 and any break above will take the pair till 93/93.25.
- Overall trend reversal only above 93.25 level.
- On the downside major support is around 91.60 and break below targets 91/90.60.
It is good to buy at dips around 92.15-20 with SL around 91.60 for the TP of 93.25
The material has been provided by InstaForex Company – www.instaforex.com