The EUR/USD could either be making a bear flag pattern (bearish) or it could be a slow start of a bullish channel which would need to see an impulsive acceleration above the resistance line for wave 3’s.
The USD/JPY has bounced and pushed upwards at the light blue trend line but so far has not broken the top. A break above the top could indicate potential space towards Fibonacci targets where a break below trend line support could see price retrace to the Fibonacci retracements.
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