CADJPY continues to trade lower for 3rd consecutive days and lost more than 100 pips yesterday after BOC monetary policy.BOC kept its rates unchanged at 1.75% as expected. The dovish comments by the central bank increased bets for rate cuts in the coming months. USDCAD recovered sharply and hits a 1-month high. Any violation above 1.3240 confirms further bullishness.
Technically, near-term support is around 83.13 (23.6%) and any indicative break below will drag the pair down till 82.50/82.
On the higher side, major resistance stands around 83.65 and any indicative break above targets 84/84.70.
It is good to sell on rallies around 83.45-50 with SL around 84 for the TP of 82.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro- Major Crypto levels and bias summary
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support 



