Murrey Level Analysis forUSD/JPY and USD/CAD: July 18, 2018

18 july 2018 - Fx4News

USD/JPY

On H4, USD/JPY is expected to test +1/8, after which a pullback and a fall to 8/8 may occur.

USDJPY1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On H1, he price may fall after the support at +1/8 is broken out. The target of such a fall may be located at 8/8.

USDJPY2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USD/CAD

On H4, the USD/CAD is trading within a consolidation range between 3/8 and 5/8. Now, once 5/8 gets broken out, the price may rise further to reach the resistance at 7/8.

USDCAD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On H1, the price is overbought, and may start falling once 8/8 gets broken out. The target of this fall may lie at 5/8, which is the support.

USDCAD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Forex analitiks

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