Thursday, October 15, 2026

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CAD/JPY struggles to break above 96 level, targets 94.95

CAD/JPY is facing strong resistance around 96 and any trend reversal can be seen only above that level. It has made a high of 95.94 today and started to decline from that level. Any break above 96 will take the pair to n…

By Lis Howell
Updated 1 min read
CAD/JPY struggles to break above 96 level, targets 94.95
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  • CAD/JPY is facing strong resistance around 96 and any trend reversal can be seen only above that level.

  • It has made a high of 95.94 today and started to decline from that level.

  • Any break above 96 will take the pair to next level at 97.

  • The pair's minor support is around 95.74 (200 day 4H MA) and any break below will drag the pair further down till 95.40/95/94.50.

It is good to sell on rallies around 95.75-80 with SL around 96.10 for the TP of 94.95

 

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