USD/CAD rallied strongly on Wednesday, but was followed by a test of a trend-line from 2017 that turned into a mini failure. The reversal yesterday could spell some short-term weakness at the least. A close above 13171 will negate the reversal.
It was a "visible" market that rallied, and rallies changed, meaning that the current stage is in danger. The other day the movement will remain, but until we see signs that the movement in one direction will continue in this way, we will have to continue to trade in price action, no matter what.
USD/CAD DAILY CHART (REVERSING OFF TREND-LINE)
USD/CAD Chart by TradingView
EUR / USD ultimately cut off the support he needed in order to gain some momentum. The October minimum was not decisively achieved, and although some price support is around 11,000 to see a more serious decline, it suggests a test is in order of the lows from October created under 10900.
EUR/USD DAILY CHART (BROKE TREND-LINE SUPPORT)
EUR/USD Chart by TradingView
AUD / USD is currently on the verge of a fairly substantial trend. The sloping line (lower parallel), rising above the October low, is under siege and, due to a lack of interest in it, suggests that it could soon break. However, it is important to wait until he really stops before running too aggressively and with a bearish bias. This is supported as long as it is not. It can also be considered as a significant risk / benefit for prospective people.
AUD/USD DAILY CHART (TESTING IMPORTANT TREND SUPPORT)
AUD/USD Chart by TradingView