Euro has weakened a bit today, so a bet for a small correction seems to be warranted. Even if it is against the recent weakling - the Aussie. I believe, the pair can't go much higher now - needs to take out those longs that have their stops below the recent low, in order to get the fuel for the next rally.
Kiwi/Canada broke out of the down fork. Now it looks free to go up. I wouldn't expect too much though, and yet both the recent strength of Kiwi and Loony's feebleness allow me to bet it's gonna make a new high somewhere along the upper border of the channel.
Two positively correlated currencies: Aussie and Kiwi have been both weak with Kiwi actually a bit stronger, so that the pair's been inching downward for the last two months. Now as they approach the Warning Line a reversal in their relationship may be observable.
Not my favorite reward to risk, but should be worth the effort. EUR recently relatively strong and GBP weakening. So I expect the upper boundaries of both the rising blue channel and the declining large green channel to be hit.