USD/JPY
On H4, the USD/JPY is trading within a consolidation range between 3/8 and 5/8. Here we can expect the price to fall to the support at 3/8.
On H1, the charts show the same Murrey levels as on H4, thus the likelihood of the price going down to 3/8 is confirmed here.
On M15, the breakout of the lower line of VoltyChannel will increase the possibility of further price drop.
USD/CAD
On H4, the USD/CAD is trading within a consolidation range between 3/8 and 5/8. Now, once 3/8 gets broken out, the price may go down further to reach the support at 2/8.
On H1, the breakout of 3/8 can be expected with the possible drop to the support at 0/8.
In case VoltyChannel lower line is broken out on M15, the price will be likely to go further down.
