USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, USDJPY is still trading above the 5/8 level; it has been able to fix above the 6/8 level and may continue growing towards the resistance at the 7/8 one.
As we can see in the H1 chart, the pair is trading inside the “overbought zone”. In this case, the price may break the 8/8 level and resume moving downwards to reach the support at the 6/8 one.
USDCAD, “US Dollar vs Canadian Dollar”
In the H4 chart, USDCAD is expected to rebound from the resistance at the 3/8 level and resume falling towards the 1/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
