EUR/CAD – on H4 chart price well respects edges of bearish channel for a long time. Currently, after a larger correction, pair oscillates close to the upper edge of the channel and at clear resistance zone defined by the previous lows. Therefore, the technical factors favor bears in this area, it is worth considering option PUT.
EUR/JPY – quotes on H4 indicate a short-term horizontal trend. Recently there has been a dynamic rebound from the resistance zone and it seems that price is heading towards the closest support. Last few candles point to some indecision, probably ending with continuation of the last movement – declines.
