I am waiting the chart form a bearish corrective pattern on smaller time-frame. EUR is overvalued(I think so). Technically considering bigger time-frame we are in corrective period and price should fall.
I am bearish on EUR at all and I am expecting this pair to fall.
Disclaimer: I personally may not take the trade the idea of myself so, no responsible for your loss if you trade my idea. I am just posting my expectation
Technically: 5 waves completed on EURAUD chart and AUDUSD is also expected to correct or reverse. So it should fall
Fundamentally: Macron will not be able to push the price EUR higher. Because there is no still evidence to believe it yet
Technically: It seems the correction will be three waves that two waves completed and the third wave is not completed yet.
Fundamentally: Canada fundamentals are weaker than USA and Oil price is not also expected to rise so much that can improves Canada's economy.
Your likes and comments are appreciated
My analysis shows that the third corrective wave is completed and I should look for buy setup. Traders count waves differently so trade your own idea and look other ideas as well bcz it helps you to see the charts in different ways