Hello traders,
let’s hit the charts:
1. CAD/JPY
An ascending trendline can be spotted on the CAD/JPY, and a few dojis that signifies that the bears are clearly out of steam.
If the bulls come in strong today, we may most likely see price hit resistance level 106.749
2. CHF/JPY
the bears in CHF/JPY seem to also be suffering the same fate as those on the CAD/JPY.
If the ascending trendline serving as a support level holds price, then we may see price return to the previous resistance zone, but if the trendline is broken by the bears, then support zone 141.504-141.073 will be price next bus stop
What say you?
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