Today’s highlights:
* USDCHF below important support at .8962 should see weakness extend to .8568/18.
* EURUSD spotlight turns to tougher resistance at 1.3833/35, which we would look to cap again.
* GBPUSD’s break above 1.6444 keeps the trend higher to 1.6619.
* EURJPY is correcting recent gains, but we stay buyers on weakness for a move up to the “neckline” to the 2008 top at 149.25/27.
* USDJPY focus stays firmly on the key 103.10/74 barrier, which continues to cap for now.
* USDCAD remains under near-term pressure, but we see weakness as corrective and stay bullish for our 1.0802/54 target.
* AUDUSD above .9170/90 would set a small base.
Read the full report: FX Daily
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