FX Daily Majors

Today’s highlights:

AUDUSD spotlight turns again to key resistance at .9136/50, but with a break above here needed to reinforce thoughts of a base.
NZDUSD focus stays on the top of the medium-term “triangular” range at .8584/87.
EURUSD immediate focus stays on “wedge” resistance, this week seen at 1.3980.
USDJPY remains under pressure in the range.
EURJPY continues for now to hold trend support from February, today seen at 140.75.
EURGBP stay bullish for the 200-day average at .8424.
GBPUSD focus remains on the 55-day average support at 1.6546.
USDCHF stays bearish for .8568/18.
USDCAD risks remain seen lower in the broader sideways range.

Read the full report: FX Daily

 

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