There was a bullish breakout of the high which will push USDJPY into higher territory.
Supply Zone tested 4X zone previously broke structure. Small SL and 100+ Pip TP.
This is wallstcj from The Forex Square, and I believe that USDCAD is now overextended to a point where it might be stalling for a new uptrend. After the uptrend we will look for a 75% retrace on the daily to sell it for the next month - 3 months.
Oil broke out the top of the squeeze signaling bullish momentum. Look for buys to 51.00
