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CAD/JPY has once again taken support around 91.60 and recovered from that level. Short term trend is still bearish as long as resistance 92.50 holds.
- The pair's short term resistance is around 92.50 and any break above will take the pair till 93/93.25.
- 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 92.50 for the TP of 91/90.60
