USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, USDJPY is trading above 5/8. In this case, the price is expected to continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8. After that, the instrument may start a new decline towards the support at 3/8.


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 trading upwards.


USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD has rebounded from the strong support at 0/8. In this case, the pair is expected to resume growing to reach the resistance at 3/8. However, this scenario may no longer be valid if the price breaks 0/8. After that, the instrument may continue falling towards the support at -2/8.


In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue growing.

