Monday, October 19, 2026

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FxWirePro: CAD/JPY trades in narrow range, good to sell on rallies

CAD/JPY has retreated after making a high of 92.38 on Friday. It is currently trading around 91.88. Short term trend is still weak as long as resistance 92.80 holds. Any break above 92.80 will take the pair to next level…

By Lis Howell
1 min read
FxWirePro: CAD/JPY trades in narrow range, good to sell on rallies
Image from the original EconoTimes article
  • CAD/JPY has retreated after making a high of 92.38 on Friday. It is currently trading around 91.88.
     
  • Short term trend is still weak as long as resistance 92.80 holds. Any break above 92.80 will take the pair to next level 93.25/94 in short term.
     
  • On the downside major support is around 91.60 and break below targets 90.70

It is good to sell on rallies around 92.20-30 with SL around 92.80 for the TP of 91.60/91

 

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By FxWirePro Team