Murrey Level Analysis for USDJPY and USDCAD: 20/03/2019
USDJPY
On H4, the USDCAD is trading above the consolidation range and is likely to continue rising to reach the resistance at 8/8.
On M15, the upper VoltyChannel line has been broken out, which means an ascending trend is prevailing.
USDCAD
On H4, the USDCAD is trading below the consolidation range. The 3/8 is going to get tested, after which the price is likely to bounce and fall to the support at 0/8.
On H1, the pair is trading within a consolidation range. Now, once 4/8 gets broken out, the price may fall further to reach the support at 0/8.
In case VoltyChannel bottom line is broken out on M15, the price will be more likely to go further down.
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