- CAD/JPY is showing a continuous selling after forming top around 88.92 on Dec 15th 2016. The pair declined till 82.01.
- The major support is around 200- day MA at 82 and any close below will drag the pair till 80.21 (61.8% retracement 74.81 and 88.92)/78 in the short term.
- On the higher side the pair has shown a mild jump till 83.18 on Apr 4th 2017 and it should cross 84.63 (55- day EMA) for further bullishness.
- Overall bearish invalidation only below 89 level.
- RSI (14) – Over bought
- The momentum indicator RSI is in overbought zone and a slight jump is possible. But short term trend is still bearish and it is good to sell on rise.
It is good to sell on rallies around 83.20-83.30 with SL around 84.65 for the TP of 80.30.
Resistance R1-83.20
R2 -84.65
R3- 85.90
Support
S1-82
S2-80.25
S3-78


AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro- Major Pair levels and bias summary
FxWirePro-Major European Indices
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: EUR/NZD steadies ahead of ECB meeting 



