Today’s highlights:
• NZDUSD has held the .7687/49 range lows, but we stay bearish for an eventual breakdown to .7458/56.
• AUDUSD is correcting higher, but we ideally look for .9028 to cap to keep the immediate trend lower.
• GBPUSD has extended its bullish reversal turning the spotlight back on the 1.5436 high, where selling is again expected.
• EURUSD remains locked in a tight range just beneath key resistance at 1.3345/55. We still look for an attempt to top here.
• USDJPY has extended its reversal from downtrend resistance at 100.18, leaving the risks still lower to support at 97.66/58, beneath which would look to 96.96/75.
• USDCHF remains in choppy range, and above .9396/.9410 is still needed to mark a base.
Read the full report: FX Daily
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