Today’s highlights:
* AUDUSD breaks below its 21-day average and we stay directly bearish for .9427 – 38.2% of the August/October rally.
* NZDUSD spotlight stays firmly fixed on support at .8232/31 – the 38.2% retracement of the September/October rally.
* GBPUSD below 1.6115 has seen a small top to target the uptrend at 1.6033/31.
* EURGBP above .8557 should target .8605 next.
* EURUSD continues to hold below the key 61.8% retracement barrier at 1.3835, and we look for a top to complete.
* USDCAD remains bullish to trendline resistance at 1.0500/11 next. Above here would target the 1.0569 peak.
Read the full report: FX Daily
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