Today’s highlights:
EURUSD remains bearish for a test of last week’s spike low at 1.3503.
EURGBP continues to test key support at .8064/61 and we stay bearish for a break here targeting .8034 next.
EURJPY has broken below its 200-day average at 138.68, leaving the immediate risk on the downside.
AUDUSD’s break above .9368/77 can see strength extend towards the .9411 high next.
USDCHF resumes its uptrend towards .9038 next.
GBPUSD’s spotlight turns to “neckline” support at 1.6702/1.6693
USDJPY continues to weigh on support at 102.12.
USDCAD has broken below price support at 1.0887, adding to the bearish outlook.
NZDUSD threatens a base.
Read the full report: FX Daily