Today’s highlights:
USDJPY has completed a small base, and we look for strength back to 102.81/103.04.
EURJPY strength though ideally stays capped below the 200-day average at 138.87.
EURUSD stays bearish with the spotlight on 1.3503, beneath which would test more important levels at 1.3477/49.
GBPUSD remains bullish for a test of multi-year range resistance at 1.7044/49.
EURGBP stays bearish through .7961/53 to our core target at .7800.
USDCAD stays bearish to challenge 1.0819/13, ahead of more solid support at 1.0774/31.
AUDUSD ideally holds above key uptrend support and 61.8% retracement at .9298/96.
NZDUSD stays locked in a sideways
Read the full report: FX Daily