CAD/JPY is trading a 77.28/78.48 intraday range ahead of the closing bell in New York, last quoted at 78.30, poised to record a near 1% gain on the day at currency prices.

If the rally continues in the Asia-Pacific session ahead, resistance is noted at 78.77 (25 Aug high), 79.00 (figure) and, above there, 79.58(1 Aug low). To the downside, support may be found at 78.11 (9 Feb high), 77.58 (26 Jan high) then 77.32 (2 Dec high).