USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY has rebounded from the support at the 5/8 level and may resume growing towards the resistance at the 7/8 one.
![USDJPY1](/upload/content/medium/1.PNG)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
![USDJPY2](/upload/content/medium/3.PNG)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
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 falling towards the support at the 5/8 one.
![USDCAD1](/upload/content/medium/4.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)
In the H1 chart, the price may break the 5/8 level and then continue trading downwards to reach the target at the 1/8 one.
![USDCAD2](/upload/content/medium/5.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png)