USDJPY
The instrument is trading at the upper border of the consolidation area. A decline to the support at 3/8 is expected. The scenario may no longer be valid if the price breaks through 6/8, in which case it may renew recent maximums and test the resistance line at 8/8.
On M15 a breakthrough of the lower line of the VoltyChannel may signal a possible decline to the support at 3/8 from the H4.
USDCAD
On H4 another bearish attempt to break through 3/8 failed. Currently, the instrument grows more and more bullish, which may lead to growth up to the resistance at 4/8. The scenario may no longer be valid if the price breaks 3/8, which may lead to a further decline to the support at 2/8.
On M15 the upper line of the VoltyChannel has been broken, which makes growth of the instrument more possible.
