The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
EUR/USD: bullish 'Doji' and 'Tower'
There're bullish patterns such a 'Doji' and a 'Tower', which both have been confirmed. So, the market is likely going to test the 34 Moving Average in the coming hours. A pullback from this line could be a departure point for another decline towards the next support at 1.1400.
The 55 Moving Average is acting as resistance, so there's a bearish 'High Wave' pattern. In this case, we could have a local downward correction, but bulls are likely going to test the nearest resistance at 1.1574 little later on. Even so, we should watch the lower 'Window' (1.1400) as the next bearish target.
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USD/CAD has made an immense move to the downside on Tuesday falling by about 200 pips.