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FxWirePro: CAD/JPY struggles to close above 93, good to buy at dips

  • CAD/JPY has made a high of 92.78 and declined till 92.51. It is currently trading around 92.65
     
  • The pair's minor resistance is around 92.80 and any break above will take the pair till 93/93.25.
     
  • Overall trend reversal only above 93.25 level.
     
  • On the downside minor support is around 92.50 and break below targets 92/91.60

It is good to buy at dips around 92.15-20 with SL around 91.60 for the TP of 93.25

 

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