The EUR/USD broke above the internal resistance (red) within a bigger wedge (brown/green) which could be explained by a WXY wave pattern (purple). The top of wedge (brown) could be a major resistance spot.
The USD/JPY broke below the support trend line (dotted green) close to the major top (brown). This could indicate a potential ABC correction with an invalidation level at the beginning of wave A (purple).
The USD/JPY is showing a smaller contracting triangle (orange/green). A bullish break could indicate the potential for price to complete a wave C (blue). A bearish break could indicate the potential for the wave B (purple) to be completed and for the wave C to start (ABC purple).
Please note that the update is posted with permission from Admiral Markets