Today’s highlights:
AUDUSD again rejects key resistance at .9078/87, but below .8907 is needed for a top.
EURGBP’s break below .8216/15 keeps the bias lower to test key support at .8165/55.
GBPUSD must still break above 1.6728/43 to signal an end to the correction, and retest the 1.6824 high.
EURUSD’s break of 1.3685 removes immediate upside risks.
USDCHF has bounced, but only above .8950/59 would ease downside pressure and suggest a better base had been set
USDCAD weakness stays seen as corrective.
EURJPY still needs to break above 141.17/27 to see the core trend turn higher again.
Read the full report: FX Daily
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