GBP/CAD reached sell target 1…
EUR/USD: bearish "Shooting Star" and "Doji"
The 55 Moving Average has been tested once again, so we've got a bearish "Tower", but this pattern remains unconfirmed. So, the pair is likely going to continue declining until any bullish pattern forms.
There're bearish patterns such a "Shooting Star" and a "Doji", which both have been confirmed. However, we've got a bullish "Inverted Hammer", so there's an opportunity to have a local upward correction. Anyway, bears are likely going to test the next support afterwards.
We've got a pullback from 7/8 MM Level on the one hour chart, so wave [v] of C may have been formed. The price is declining in wave (iii) of [i].
The 34 MA has acted as support, so the price is consolidating. Meanwhile, the pair is likely going to test the closest resistance.
We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.