Today’s highlights:
* NZDUSD has recovered strongly following its defence of key support at .8194/64, but we look for strength to be capped at .8435/47.
* AUDUSD needs to remove .9538/50 to mark a near-term base.
* EURUSD continues to hold key price, trendline and 38.2% retracement support at 1.3454/21 for now.
* GBPUSD recovery is ideally capped at 1.6115/25.
* EURGBP’s collapse below .8430/22 keeps us bearish for .8332 next.
* USDJPY stays bullish for a break above 99.01, to test 99.67/84.
* USDCAD focus turns back to trendline resistance at 1.0502, above which can look to the 1.0569 peak.
Read the full report: FX Daily
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