CAD/JPY faces strong resistance around 86.14, break above targets 87.05/88

• Major resistance - 86.14 (88.6% retracement of 87.04 and 79.27)
   
• Major resistance - 84.50
   
• CAD/JPY has recovered after making a low of 84.10. It is currently trading around 86.01.
   
• CAD/JPY faces strong resistance around 86.14 and break above confirms minor trend reversal, a jump till 87.05/88.04/89.13 in short term.
   
• On the lower side major support is around 84.50 and break below targets 84.10/83.60 in short term.
   
• Short term trend reversal only below 82.50.

It is good to buy above 86.14 with SL around 85.50 for the TP of 87.05/88.04