The CAD/JPY currency pair is trading near its upper Bollinger Band and upper end of a symmetrical triangle.  This could present a possible reversal opportunity.

Key Levels - Current Price: 103.14

Level    Type              Significance
108.04   Resistance     138.2% of 105.03-97.13
107.15   Resistance     127% of 105.03-97.13
105.03   Resistance     12/6/2005 high
104.10   Resistance     2/06/2006 high
101.45   Support          3/24 and 3/31 highs
100.00   Support          23.6% of 83.07-105.03
98.24     Support          200 day SMA
97.10     Support          1/09 low
96.64     Support          38.2% of 83.07-105.03
 
Daily Chart I

Daily Chart II

Daily Chart III

Daily Chart IV

Sam Shenker is a Technical Currency Analyst for FXCM.