FX Daily Majors

Today’s highlights:

USDCAD continues to rally strongly after the completion of a medium-term base, and we stay bullish for 1.1234 next.
AUDUSD has been capped by the falling 55-day average at .9110, to leave the broader downtrend in place.
USDJPY has found good buying ahead of solid support at 102.34/08.
EURJPY has found solid buying ahead of our 140.15/05 target.
USDCHF holds above .8930/25 to maintain its base.
EURGBP has been capped by the falling 55-day average at .8358 to leave the medium-term downtrend intact.
GBPUSD weakness stays seen as corrective.

Read the full report: FX Daily

 

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