I think that this is what will happen to EUR/CAD. It could bounce up further finding resistance at the previous resistance but could also be forming a new support and resistance from the break low. Resistance could be current price. I think that this is the case for this weeks open.
Watch for the price to decide direction then make your play responsibly.
USD/JPY will continue to move up in my opinion but we will see it come to resistance at the 150 level. It could break through for a more upside trend. Watch for the break out!
