USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY is trading above the 5/8 level. In the future, the price may break the 7/8 level and continue growing towards the resistance at the 8/8 one.
In the H1 chart, the scenario may be a bit different. The pair may rebound from the 7/8 level and then resume falling to reach support at the 5/8 one.
USDCAD, “US Dollar vs Canadian Dollar”
In the H4 chart, USDCAD is expected to rebound from the support at the 0/8 level and resume growing towards the resistance at the 3/8 one.
As we can see in the H1 chart, the pair has rebounded from the support at the 0/8 level and may resume growing to reach resistance at the 3/8 one.
