USDJPY
The pair has been in an uptrend from 100.83 levels. The pair rejected twice at 50-day SMA and fell to 38.2 fib level. Currently, the pair is in a range between 101.60-101.90 levels. On the downside, if the pair breaks the 101.60 levels, it will fall to 101.50, 101.30 and 100.80 levels. A day close below 100.80, the major bearish view will take the pair towards 99.60 and 98.90 levels. On the up side, if the pair breaks the 101.90 resistance level, it will spike up to 102, 102.14 and 102.20. The highly bullish view will come into existence only above 102.20 on a closing basis.
USDCAD
The pair has been forming a symmetric triangle ready for a breakout. On the down side, the pair has strong support at 1.08 levels. Below this, it will fall to 1.0761 and 1.0636 levels. On the up side, above 1.0890, it will fly up to 1.0931, 1.0942 and 1.0967 levels. A day close above 50-day SMA 0.9675, it will fly up to 1.1050 and 1.1170 levels.
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