The end of the week is very calm, traders are trying to digest CPI data from the US. Actually, we are digesting the market's reaction after the CPI. Chances for more rate hikes went higher but in the same time, the value of the USD decreased. That is not what they teach us at schools. Anyway, we were expecting the weaker dollar before that data as that was the signal from the charts - technical analysis at its finest.
EUR/USD broke resistance on the 1.2510-20 (orange) and made new long-term highs. At the beginning of the European session we are testing that area as a closest support. Bullish bounce will be a good buy signal.
AUD/CAD continue its path towards parity. Bullish momentum is driven by the inverse head and shoulders pattern, which was created in the first half of February.
Bitcoin stopped the bullish correction for a while. The place for that was not random as it all happened on the 10k USD. We thought that BTC can climb at least to the resistance on the 11k USD (with a down trendline) but maybe that is too much for the Bitcoin traders, who got a painful trading lesson at the end of the 2017.