We will need to wait for the test on the 107.000 resistance zone, if we see a break, there will be a potential move further to the downside.
USDCAD sell opportunity We are currently in a downtrend, with USDCAD finally making its way down, we shall see it return to its lower levels.
USDCAD as we seen had formed a rising wedge and fell. Although if we take a look at the bigger picture we can see that that we are in an uptrend in the monthly, as bulls begin to push. Also with the dollar becoming weakened, it would be a good opportunity to see this rise.
USDJPY is about to break out of an uptrend channel, which will cause a possible short.