Today’s highlights:
• NZDUSD stays capped beneath the .8215 price barrier leaving our bias still bearish for .7923/14 next.
• AUDUSD’s prod below .9585/75 maintains downside risks to .9407/.9388.
• EURUSD stays range bound, but the risks remain for a test of “neckline” support at 1.2796/46.
• USDCHF remains in a volatile range, but the broader bias stays higher to .9841 next.
• USDJPY’s break of trend support at 101.49 leaves near-term corrective pressure in place.
• GBPUSD while minimally capped beneath 1.5221/36 stays bearish for the 1.4832 low.
• EURGBP maintains a near-term range, but we stay bullish for a break above .8600/07 to test .8639/56.
Click here to read the full report: FX Daily
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