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FxWirePro- Major European Indices 
- Major resistance- 79.10 (trend line joining 82.52 and 80.31).
- Major support – 77.45 (21- day MA).
- CAD/JPY is trading higher for the past six consecutive days on account of higher crude oil prices. It is currently trading around 78.56.
- The pair has broken major resistance around 78.34 (55- day EMA) yesterday and jumped till 78.74 yesterday.
- In daily chart the pair is trading well above short term MA (21- day MA (77.45) and 50- day MA (77.56)) and also above Tenken –Sen (77.07) , Kijun-Sen (77.85).
- On the higher side, major resistance is around 79.10 (trend line joining 82.52 and 80.31) and any violation above targets 79.70 (100- day MA)/80.31/82.02 (200-day MA).
- The minor support is around 77.85 (Kijun-Sen) and any violation below will drag the pair down till 77.45/77.06 (10- day MA).
It is good to buy on dips around 78.30-35 with SL around 77.45 for the TP of 79.10/80.30.
