FX Daily Majors

Today’s highlights:
• NZDUSD above .8107 sees a base established to target .8165/93 next.
• AUDUSD ideally holds below the falling 55-day average at .9239 to keep the risks still lower. Only above .9346 would mark an important base.
• EURUSD focus stays on the top end of the range at 1.3401/18, which we look to ideally cap.
• GBPUSD while above 1.5523/16 stays biased higher to tougher resistance at 1.5752/82.
• USDCHF continues to find a ceiling at key resistance at .9395.
• USDJPY has held basing support at 97.05/96.92, but above 98.65 is needed to see the rally resume for 99.59/97.
• EURGBP focus remains on trendline and 200-day average support at .8492/53.

Read the full report: FX Daily

 

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