aud usd is starting its impulsive move to the down side from previously acted support resistance level
we will wait for market for coming to th is key level .. after fake break out we will look for long set up
euraud now in a strong support level hopefully market will bounce from this level
eur cad u can take short up to the the support line or stay aside wait for market to come towards the support line and then take long entries
overall market scenerio is still bullish so we cant take short at this moment . better to wait for the clear downward movement to break the support then we will look for minor retracement and the support level turning resistance and follow price action at this level. if we find valid entries we will short from this area.
market retraced down to a strong fibo ratio .we can see price rejection in this area for two times one by the red candle and another by the following bulish engulfing candle which rejected to go down more and indicating that price may reversing from the downtrend to uptrend