CAD/JPY Trade idea

CAD/JPY has once again made a low of 91.62 and recovered till 92.35 at the time of writing from that level. Short term trend is still bearish as long as resistance 92.50 holds

The pair's short term resistance is around 92.50 and any break above will take the pair till 93/93.25.

On the downside major support is around 91.60 and break below targets 90.70

It is good to sell on rallies around 92-92.10 with SL around 92.50 for the TP of 91/90.60

R1-92.50

 R2-93

R3-93.25

Support

S1-91.60

S2- 91

S3-90.60