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Major resistance - 83.08 (300- 4H EMA)
CADJPY is trading slightly higher and jumped nearly 80 pips from low of 82.26 made on Feb 8th 2019.CAD was trading higher against all majors after better than expected Canadian employment data. The pair hits intraday high of 83.06 and is currently trading around 83.01.
The near term resistance is around 83.08 and any break above will take the pair to next level till 83.95/84.25/85. Any major trend reversal only above 85.25.
On the lower side, near term support is at 82.25 and any violation below will take the pair to next level till 81.85/81.29.
It is good to buy on dips around 82.55-60 with SL around 82 for the TP of 84
