The USD started the day dropping against the Canadian dollar, now on a bullish reversal.
USD/CAD: pair to reach previously tested support
There're bearish patterns such a 'Harami' and an 'Engulfing', which both have been formed below the upper 'Window'. It's likely that the pair is going to reach the previously tested support at 1.3064. If a pullback from this level happens next, we should watch the nearest resistance at 1.3344 as the main bullish target.
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?