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CAD/JPY has once broken trend line support 92.05 (trend line joining 88.69 and 90.61) and declined till 91.89 at the time of writing. Short term trend is bearish as long as resistance 92.60 holds.
- The pair's short term resistance is around 92.60 and any break above will take the pair till 93.25/94.
- On the downside major support is around 91.60 and break below targets 90.70
It is good to sell on rallies around 92-92.10 with SL around 92.65 for the TP of 91/90.60.
