Friday market analysis: AUD/JPY & CAD/JPY

Hello traders,

The market has been treacherous these past few days so I have been inactive.

Just this evening I spotted two great setups that could fetch us some pips before the close of the week

1. AUD/JPY

A major key resistance was broken today. We can also say its a failed triple top.

If Thursday’s daily candlestick closes above the key resistance zone, then NPRL will be price next bus stop

2. CAD/JPY

On the CAD/JPY, it took price the entire day to finally break the key resistance zone.

If price closes this way at the close of Thursday’s daily candlestick, then NPRZ will most likely be price next bus stop

What say you?

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