Today’s highlights:
EURGBP resumes its medium-term bear trend and we look for further weakness to .7800.
EURUSD’s spotlight remains on “neckline” support at 1.3704/00.
USDCHF has found a cap at .8911, the downtrend resistance from the September 2013 peak.
GBPUSD holds price support at 1.6806/05.
EURJPY continues to weigh on key support at 139.89.
USDCAD’s near-term strength ideally stays capped by the falling trendline resistance at 1.0945.
AUDUSD’s base remains intact as prices grind higher for a retest of .9463.
USDJPY holds a slight upward bias in its range.
Read the full report: FX Daily
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