A renewal of a positive US$ Dollar tone into early December against most G10 currencies, with US tax reform legislation moving forward and with a general “risk on” trading environment resuming.
The US Dollar rallied into the November US Employment data release at the start of December (on the 8th) and stayed resilient through the posting of this data.
For both USDCAD and USDJPY this sets the bias for further upside challenges to resistance into mid-December and through the holiday season into year-end.
USDCAD aims above the key peaks at 1.2909/15/17 towards 1.3347 and 1.3550.
USDJPY targets the key 114.73 peak, possibly for 115.50/63 and maybe 118.65, the late 2016 cycle peak.
See the full analysis with video here: https://www.forexfraud.com/forex-articles/usdjpy-and-usdcad-aiming-higher.html