Today’s highlights:
GBPUSD stays bullish to test the multi-year range highs at 1.7044, then 1.7287 with our core target at 1.7332.
EURUSD focus remains on the March high and “wedge” resistance at 1.3967/1.4013.
USDCHF risks are still seen lower to test the .8699 March low.
USDCAD spotlight remains on price and 38.2% retracement support at 1.0867/57. Capitulation below here would set a bigger top for 1.0735/06.
NZDUSD remains under near-term pressure, but only removal of .8593 would ease remaining upside risks.
USDJPY focus stays on trendline support at 101.50/44 beneath which finds key levels at 101.08/100.75
Read the full report: FX Daily
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