Today’s highlights:
• AUDUSD has declined to our .9407/.9388 next target/support, and with a daily DeMark buy in place, we look for a temporary rebound from here.
• NZDUSD’s break beneath our bear target at .7923/18 though sees us stay bearish for .7808 then .7718.
• USDJPY above 97.53 warns of a deeper recovery to 98.84/86, and potentially 99.55.
• EURJPY while capped below 130.67/73 corrective risks remain in place to 124.95/44.
• EURUSD shows a daily DeMark sell signal just ahead of key resistance at 1.3319/42.
• GBPUSD remains capped by its 200-day average at 1.5706.
Read the full report: FX Daily
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