FX Daily Majors

Today’s highlights:

USDCAD is consolidating gains, but we stay bullish for 1.1479, then our core medium-term target at 1.1666/1766.
USDJPY maintains a base above 1010.96 leaving the bias immediately higher in the range.
NZDUSD is holding its accelerated uptrend, and weakness is seen as corrective for now.
AUDUSD remains range bound, with support seen at .8995/79.
EURUSD holds a top for 1.3710/07, with better support expected at 1.3643.
GBPUSD’s spotlight turns to channel support at 1.6459/25, which we look to try and hold.
EURGBP remains capped by the 200-day average at .8421.

Read the full report: FX Daily

 

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