Let’s go Tuesday presents us with EUR/JPY & USD/CAD

Hey traders,

let’s hit the charts:

 

 

1. EUR/JPY

EUR/JPY finally broke the 130.195.

If the close of the 6pm candlestick gives us a bullish confirmation, then our next possible resistance level would be 131.042

 

 

2. USD/CAD

After USD/CAD broke support level 1.26201, price got trapped with a consolidation band.

I still got a bearish bias on the USD/CAD, but I will allow price do the talking in this setup. If we do get a bearish breakout through the consolidation band, then price next stop will most likely be 1.24442

 

What say you?

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