FX Daily Majors

Today’s highlights:
* EURJPY has reinforced its bullish “triangle” continuation pattern above the 133.84 peak, and we remain bullish for our 138.50/139.14 long-held target.
* USDJPY has found buying ahead of trend/chart support at 97.31/29, and we stay bullish for a break above 100.00, to retest 100.62/88.
* EURUSD holds above the 1.3452/18 range, leaving the trend higher to 1.3597/98, above which would target the February peak at 1.3711.
* GBPUSD has found a short-term cap at 1.6178, but the trend stays higher through here to the top of the range at 1.6340/79.
* NZDUSD bias stay higher to .8465/82 next ahead of the broader .8638/78 range highs.
* AUDUSD ideally holds accelerated trendline support at .9396/68 to keep the trend directly higher to our basing target at .9700/30.

Read the full report: FX Daily

 

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