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FxWirePro: CAD/JPY struggles break above 93.25, good to buy at dips

Thursday, November 19, 2015 12:25 PM UTC

CAD/JPY has once again made a high of 93.07 and declined till 92.82 at the time of writing. It is facing strong resistance around 93.25 (Oct 9^th high). Short term trend reversal only above 93.25.
The pair's major resistance is around 93.25 and any break above will take the pair till 94/95.
On the downside minor support is around 92.50 and break below targets 92/91.60

It is good to buy at dips around 92.60 with SL around 92 for the TP of 94/94.80

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FxWirePro: CAD/JPY struggles break above 93.25, good to buy at dips

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