Today’s highlights:
USDCAD is conducting a high-level consolidation, but the trend stays higher for 1.1234 next then 1.1666/1727.
AUDUSD bias stays lower to test medium-term channel support at .8720 next, with scope for .8675.
NZDUSD holds the 13-day average at .8307 to keep the bias higher in the range to .8432/47.
USDJPY must break above 104.94 to open up a test of a more important resistance at 105.30/60.
EURJPY needs to break above 143.18 to see a fresh base.
EURUSD’s topping pressures remain intact.
GBPUSD needs to hold 1.6299 to avoid a small top.
Read the full report: FX Daily
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