Today’s highlights:
AUDUSD focus remains on the 200-day average at .9138, a close above which can reassert a “head & shoulders” base, for .9410/.9510.
USDCAD’s correction extends, but we still look for the point of breakout at 1.1154/53 to ideally hold to keep the trend directly higher.
NZDUSD holds in a high level range, and weakness is seen as corrective for now.
USDJPY needs to clear the 55-day average at 102.67 to reassert a base.
EURUSD rallies strongly, but needs to clear 1.3886/94 to open the door to a move back to the highs.
GBPUSD spotlight remains on uptrend support at 1.6473/53.
EURGBP’s bias stays directly higher to test the 200-day average at .8420.
Read the full report: FX Daily
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