Cad/jpy analysis

[rxrahim]

Looking at the CAD/JPY pair for 30 minutes, it is noticeable that it is gaining some pips at the price level of 100.35 Should there be a continuous appreciation in the price, the next resistance level will be 100.40 with the next support level at 100.10.

[jackjack78]

CAD/JPY is showing some strong moves today. It looks like buyers are trying to push the price higher. Let’s watch closely to see if it keeps going up or turns back down.