FXstreet.com (San Francisco) - CAD/JPY is trading at session lows this Thursday ahead of the closing bell in New York, last at 77.66 vs. 78.00 as it trades a 77.59/78.25 range intraday.
Daily RSI is hovering around its midline, last valued at 48, while the Stochastic Oscillator is retreating from overbought levels, aiming lower, last valued at 57.
If the downward pressure continues in the global day ahead, support lies at 77.29, (12 July low) and 76.87 (23.6%, 85.00/74.41). The upside may find resistance at 77.87 (21-hourly EMA).
Daily RSI is hovering around its midline, last valued at 48, while the Stochastic Oscillator is retreating from overbought levels, aiming lower, last valued at 57.
If the downward pressure continues in the global day ahead, support lies at 77.29, (12 July low) and 76.87 (23.6%, 85.00/74.41). The upside may find resistance at 77.87 (21-hourly EMA).
