Today’s highlights:
GBPUSD stays on course for the measured target from its medium-term base at 1.6691, potentially the 1.6748 peak of 2011.
EURGBP has found buying again at key support at .8165/55. However, we stay bearish for an eventual break lower.
EURUSD needs to break above 1.3737 to see a better base.
AUDUSD can maintain a potential basing scenario while above .8907.
USDCAD is expected to extend its corrective setback to 1.0907, with 1.0832/27 expected to provide a floor.
USDJPY stays directly bearish while below 102.72.
USDCHF below .8904 can retarget the .8800 low of 2013.
Read the full report: FX Daily
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