There is a clear cross pair confirmation with USDCAD expected long position for the upcoming week and the USDJPY pair to be facing a potential retracement for a downward trend.
Then the pair is approaching my daily trendline where the 0.382 fib level is perfectly matched with the s&r line.
Then there is a lot of consolidation going on near that area based on past price action.
Then the pair is approaching my daily trendline where the 0.382 fib level is perfectly matched with the s&r line.
Then there is a lot of consolidation going on near that area based on past price action.