FX Daily Majors

Today’s highlights:
* EURUSD has found buying interest at the 1.3452/50 range highs. Above 1.3569 is needed to confirm a bull flag for 1.3597/98, then 1.3711.
* GBPUSD has held the 13-day average at 1.5950, and we look for a rally back-up to test 1.6164/78 ahead of the range highs at 1.6340/79.
* EURGBP stays bearish for a break below .8352 to target .8285 next.
* AUDUSD must still break back through .9459/60 for a base to retest the .9511/30 barrier.
* NZDUSD is expected to hold above basing support at .8180/63 and attempt to turn higher ahead of here.
* EURJPY is expected to find better support at 132.69/09.
* USDJPY retreat extends, but we look for a rebound ahead of trendline and chart support at 97.78/72.

Read the full report: FX Daily

 

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