USD/CAD has broken down somewhat, but we still have the 0.98 level to deal with. Seeing as it has closed just above that handle, this question should be answered right away.
The USD/JPY pair is at a major crossroads currently. The 80 level loom large just below, and the 50% Fibonacci level is in the vicinity as well. Also, the 200 day EMA is creeping into the picture. The pair is essentially a race to the bottom between two central banks wishing to kill their currencies.
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