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- CAD/JPY has broken minor trend line resistance 92.05 (trend line joining 93.09 and 92.28) and jumped till 92.62 from that level. Short term trend is bullish as long as support 91.60 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 buy at dips around 92-92.10 with SL around 91.60 for the TP of 93/93.25
