EUR/JPY - Who wants some classic B&R?EJ has produced some great setups over the last couple of weeks as the overextended bullish cycle continues.
We can see a couple of great B&R setups. Will price continue to target the previous highs and form a double top? Will we see some retracement and bears sitting at this level?
As mentioned previously, this pair is currently weakness vs weakness.
Bandr
USD/CAD - Price Cycles down to Long Term SupportWe've seen USD weakness continue into the new trading week. Price produced a lovely break and retest setup on this pair, breaking our yellow support zone and retracing to retest this area - before price fell 85 pips in the following 4 hours.
Price now resides at long term support. Will we see this level broken or will dollar bulls be sitting at this level?
Have a great trading week all!