USDCAD 4Hr
The USDCAD has risen to as far as 1.1058 and may rally to 1.1072 which represents the 1.41 extension of the largest downswing, before retesting the 1.099 price level.
AUDCAD 1Hr
AUDCAD is in the middle of a triangle pattern, prices are expected to go lower. The 1.000 level is a key psychological level to watch, a strong close below this level would indicate that the bears are still in control and that lower prices are to be expected.
EURJPY 1Hr
The EURJPY is in a strong up trend on the hourly chart. 138.84 represents the level at which the length of wave [I] is equivalent to the length of wave [IV] and is a key price level to watch. Prices should retest 138.27 to test for selling pressure. A strong high volume close below 138.27 may result in prices falling to as far as 137.26 before finding strong support.
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