Today’s highlights:
– USDJPY is expected to hold below our 102.40/103.10 target near-term, for a correction to recent strength.
– EURJPY pullbacks are expected to hold 130.43/33, for strength to trend resistance at 133.07 next.
– AUDUSD is at risk to a near-term bounce, but our core outlook stays bearish for .9865/60, then .9585/75.
– NZDUSD will ideally hold below .8356/66, for an eventual test of the .8168/62 March low.
– GBPUSD stays bearish for 1.5245/26 next.
– EURGBP above .8498 eases fears of a larger top for now.
– EURUSD continues to hold 1.2936 – 61.8% of the April/May rally.
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