FxWirePro: CAD/JPY faces strong resistance around 92.50, good to sell on rallies
CAD/JPY has once again made a low of 91.68 and recovered till 91.95 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 9…
CAD/JPY has once again made a low of 91.68 and recovered till 91.95 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
