USD/JPY pair rose during the session on Monday as the Dollar had a decent day overall. The 79.50 level still looks resistive, and as a result we are waiting for a move above the 80 level in order to get overly bullish. In the mean time, there is a clear range to play if you are a scalper.
The USD/CAD pair did almost nothing, and continues to sit around the 0.98 level as we move sideways. This market will continue to be choppy, and as a result we are awaiting a break of either the 0.9950 level, or the 0.97 level.