The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
EUR/USD: 144 MA acted as resistance
The 144 Moving Average has acted as resistance, so there's a bearish 'Harami', which has been confirmed. It's likely that the pair is going to test the 34 MA, which could be a starting point for another upward price movement.
There's a 'Tweezers', which has been formed at the last local low. So, the pair is likely going to test the nearest resistance at 1.1605 once again. A pullback from this level could lead to a decline towards the 89 Moving Average.
Today, the CHF has risen up to the strong resistance level. A bounce back is a very probable scenario.
Euro has started the morning with the correction after reaching a 3-weeks low with bearish potential
Last week XAU/USD recovered 38.2% of the November decline. However, the advance of gold was limited by the declining 50-period MA on the H4.
GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.
AUD/JPY has reached the support line connecting August and October lows in the 73.30 area. What's next?