- CAD/JPY faces strong resistance around 93.25 and any bullishness can be seen only above 93.25.
- Any break above 93.25 will take the pair to new level 94/94.50 level. On the downside minor support is around 92.60 and break below targets 92.20/91.70.
- Overall bullish invalidation only below 92.
It is good to buy at dips around 92.40 with SL around 92 for the TP of 93.25/94
The material has been provided by InstaForex Company – www.instaforex.com