Today’s highlights:
USDCAD above key resistance at 1.1225/1234 completes a “triangle” continuation pattern, and we maintain our 1.1666/1766 core target.
USDJPY’s break above 101.96 sets a base in the range.
AUDUSD has again been capped at key resistance from the falling 200-day average at .9144.
NZDUSD has fallen sharply, but only sets a small top below .8517/07.
GBPUSD’s removal of the 55-day average turns the focus on more important trend support at 1.6454/53.
EURUSD’s break below 1.3843/33 sets a small top.
EURGBP stays bullish for the 200-day average at .8422.
Read the full report: FX Daily
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