- Major resistance- 79.82 (55 4H EMA)
- CAD/JPY has made a high of 79.82 at the time of writing and started to decline from that level. It is currently trading around 79.69.
- Short term trend is bearish as long as resistance 80 holds. The decline from 83.81 till 76.12 will come to an end only if the pair closes above 80 level.
- Any indicative break above 80 will take the pair to next level till 80.87 (61.8% retracement of /81.71 (21 day HMA)
- On the lower side, minor support is around 79.30 (21 4H MA) and any break below targets 78.34 (Jun 28th 2016 low)/77.46.
- Short term bullishness only above 80.
It is good to sell on rallies around 79.35-79.40 with SL around 80 for the TP of 78.35/77.50


FxWirePro- Major Pair levels and bias summary
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major European Indices
FxWirePro- Major European Indices
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: GBP/USD dips on UK GDP data miss
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 



