Today’s highlights:
GBPUSD ideally hold above its 21-day average at 1.6806/05 to see a move up to 1.7044 next.
EURGBP risk is still seen lower for a retest of .8165/55.
NZDUSD has negated its topping attempt and we look for strength back to .8747.
AUDUSD needs to hold below channel/21-day average resistance at .9314/24 to keep downside risks in place.
USDCAD remains capped by trendline resistance at 1.0991 leaving the bias lower to test price and 38.2% retracement support at 1.0867/57.
EURUSD must still break above 1.3906 to open up a retest of the March high at 1.3967.
USDCHF below trend and price support at .8874/64 would aim at .8743, which protects the .8699 March low.
Read the full report: FX Daily
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