FxWirePro: CAD/JPY forms bearish BAT pattern, good to sell on rallies

• Pattern Formed - Bearish BAT Pattern
   
• Potential Reversal Zone (PRZ) - 86.16
   
• The pair has retreated after making a high of 85. is currently trading around 84.76.
   
• Short term trend is weak as long as resistance 86.16 holds. On the higher side any break above 86.16 confirm major trend reversal, a jump till 87.05/87.50 is possible minor resistance is around 85.25/85.50
   
• The minor support is around 84.25 and any break below targets 83/82.40.

It is good to sell on rallies around 84.85-90 with SL around 86.16 for the TP of 82.40/81.55