USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, USDJPY is expected to test the 6/8 level, rebound from it, and then resume growing towards the resistance at the 8/8 one.
As we can see in the H1 chart, the price is consolidating. In the future, the instrument may break the 5/8 level and then continue trading upwards to reach the resistance at the 8/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.
USDCAD, “US Dollar vs Canadian Dollar”
In the H4 chart, USDCAD is expected to test the 6/8 level, rebound from it, and then resume growing towards the resistance at the +1/8 one.
In the H1 chart, the price may rebound from the 5/8 level and then resume trading upwards to reach the resistance at the +2/8 one.
