Today’s highlights:
NZDUSD’s break above the medium-term “triangular” range at .8584/87 suggests a more important bull phase may be underway.
AUDUSD spotlight remains firmly on key resistance at .9136/47, above which can reinforce the “head & shoulders” base, for .9410/.9510.
USDCAD’s surge higher turns the spotlight back on the “triangular” range highs at 1.1148/63.
EURUSD immediate focus stays on “wedge” resistance, this week seen at 1.3980.
EURGBP stays bullish for the 200-day average at .8423.
GBPUSD spotlight remains on the 55-day average support at 1.6547.
USDJPY remains under pressure.
EURJPY continues for now to hold trend support from February, today seen at 140.90.
Read the full report: FX Daily
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