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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