Weekly Chart  Analysis: CAD/JPY Large Channel Setup

• CAD/JPY continues to trade within a Large Channel
• High probability setup points to a possible break below the Channel's lower boundary
• Failure analysis points to a move above the psychologically important 100.00 figure

Key Levels - Current Price: 98.96

Level    Type          Significance
100.60   Resistance  Multi-Year High
96.45     Support      Channel's lower boundary and 23.6 Fib of the 83.02-100.60 CAD rally
93.89     Support      38.2 Fib of the 83.02-100.60 CAD rally
91.81     Support      50.0 Fib of the 83.02-100.60 CAD rally
89.74     Support      61.8 Fib of the 83.02-100.60 CAD rally

Weekly Chart 11-11-05

Daily Chart I 11-11-05

Daily Chart II 11-11-05

Daily Chart III 11-11-05