Today’s highlights:
AUDUSD has achieved our .9410/.9510 core target and we start to look for signs of exhaustion.
NZDUSD above .8710 targets .8820/45, but we look for selling here.
USDCAD below 1.0860 can target 1.0740/1.0650, but we look for a fresh low here.
EURUSD’s above 1.3880 can see a move back to the 1.3967/1.3994 high/”wedge” resistance.
GBPUSD spotlight turns to the 1.6824 high above which can target the August 2009 peak at 1.7044.
USDCHF’s capitulation below .8814 sets a fresh top.
USDJPY immediate risks stay lower in the range to key support at 101.20/100.75.
EURJPY is still holding the 139.96 late March low for now.
Read the full report: FX Daily
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