Today’s highlights:
– USDJPY maintains the break from its bullish “triangle” and we target 100.88 next, ahead of the 101.54/64 barrier.
– EURJPY has now also completed a bull “triangle”, to target the 133.84 May high initially. Bigger picture, we stay bullish for 139/141.
– AUDUSD spotlight stays on key resistance at .9318/46, but only above here would establish an important base.
– EURUSD ideally holds below 1.3319.
– USDCHF has held basing support at .9291/88 and we look for a recovery to retest .9449/64.
– GBPUSD spotlight remains on the range highs at 1.5752 and with a completed daily Sequential 13 “sell” signal in place we look for selling to show here again.
– EURGBP stays bearish for a fresh challenge on .8398/92.
Read the full report: FX Daily
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