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CAD/JPY has broken trend line support around 90.90 (trend line joining 91.47 and 91.11) and this confirms short term weakness , a decline till 89.71 is possible .
- On the downside minor support is around 90.50 and any break will target to next level around 90/89.71.
- Short term bullishness only above 91.30.
It is good to sell on rallies around 90.75-80 with SL around 91.30 for the TP of 90/89.70.
Resistance
R1- 91.30
R2-92
R3- 92.50
Support
S1-90.50
S2-90
S3-89.70
