Today’s highlights:
AUDUSD’s break above the 200-day average at .9137 reinforces the base, and we stay bullish for .9410/.9510.
NZDUSD holds the rising 13-day average at .8531, to keep the trend higher to retest the .8642 high.
USDCAD remains under pressure, keeping the focus on the point of breakout at 1.1153/51.
USDJPY still needs to clear the 55-day average at 102.62/69 to reassert a base.
GBPUSD is holding key channel support at 1.6478/73, but above 1.6667 is needed to turn the trend higher again.
EURUSD rallies strongly, but needs to clear 1.3876/84 to open the door to a move back to the highs.
EURGBP while above .8327/19 can stay biased higher to test the 200-day average at .8419.
Read the full report: FX Daily
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