Too steep a bullish movement for this pair, I personally do not like when pairs move in such speed rather that is smooth trend gradient. Becareful if you were to long and not to short too early, its still not favouring a sell yet but we will see it soon. We will have FED Fund Rate annoucement soon, it will be fireworks for XXX/USD Pairs and USD/XXX pairs!
Bulls are looking for reason to long this pair, any positive news will be good reason for them to enter long. However the weird thing is, the price cant seems to support this theory of 'Bullish Euro'. We will see price sliding down even further, it does not matters what the news about the election will be, EURO will not be as bullish as it is in 2017.
After a long downwards movement, continuing from last analysis, USDCAD have been moving up sharply(observe the gradient of the drop/rise), it does resemble a V shape. It have been resisted around the 200MA last week with news adding pressure on the bulls. There will be an trendline support which coincides with the other price support levels, watch that closely!
AUDUSD have just bounced off the support last week on Thursday, follow be a retest on Friday. The big bull run up structure is still strong however the recent sharp downward movement signal us to be cautious. We are not in a triangle range, which can go either way, I am on a long trade currently but i prefer to be on the bearish side when price hits around ~0.8
We might be seeing a change of trend/consolidation period for EURUSD moving ahead. The price currently is resting on a trendline support and the recent two bearish PA on around 1.25X is not showing signs of bullishness yet. Long term, it is still bullish but for now, trend might change to go into bearish/consolidation mode.