USD/JPY Vs USD/CAD

USD/JPY

Long Short Line 134.69

Most Important 134.35 and 134.60 Vs 134.77, 134.86, 134.94, 135.03, 135.20, 135.28, 135.37

Bottom 134.01 achieves by 134.18 and 134.35

Upper Target 135.37

Continuation Fail 135.03

USD/CAD

Long Short Line 1.3535

Most Important 1.3500 and 1.3526 Vs 1.3543, 1.3552, 1.3560, 1.3569, 1.3586, 1.3595, 1.3603

Bottom 1.3467 achieves by 1.3484 and 1.3501

Upper Target 1.3603

Continuation Fail 1.3569

USD/JPY Vs USD/CAD by move USD/JPY decimal to align correctly

USD/JPY

Long Short Line 1.3469

Most Important 1.3435 and 1.3460 Vs 1.3477, 1.3486, 1.3494, 1.3503, 1.3520, 1.3528, 1.3537

Bottom 1.3401 achieves by 1.3418 and 1.3435

Upper Target 1.3537

Continuation Fail 1.3503

USD/JPY Vs USD/CAD

USD/JPY Upper Target 1.3537 Vs USD/CAD 1.3603

USD/JPY Continuation Fail 1.3503 Vs USD/CAD 1.3569

USD/JPY Bottom 1.3401 Vs USD/CAD 1.3467

USD/JPY Long Short Line 1.3469 Vs USDCAD 1.3535

USD/CAD trades above USD/JPY by 66 pips to all vital day trade points. Explains USD/CAD range problems over past months. Both USD/JPY and USD/CAD contain the same 68 point to 1/2 daily movements or 136 to full day range.

No difference exists to USD/JPY and USD/CAD as both are the same exact currency pair and move exactly together for a double trade.

Brian Twomey

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