The CAD/JPY pair is approaching its support at 82.20 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 82.55 (50% Fibonacci retracement, horizontal swing high resistance).
Stochastic (89, 5, 3) is nearing its ascending support line.
CAD/JPY is approaching its support where we expect to see a bounce.
Buy above 82.20. Stop loss at 81.98. Take profit at 82.55.
