- CAD/JPY has retreated after making a high of 92.38 on Friday. It is currently trading around 91.88.
- Short term trend is still weak as long as resistance 92.80 holds. Any break above 92.80 will take the pair to next level 93.25/94 in short term.
- On the downside major support is around 91.60 and break below targets 90.70
It is good to sell on rallies around 92.20-30 with SL around 92.80 for the TP of 91.60/91
