FX Daily Majors

Today’s highlights:

GBPUSD has broken higher again to test trendline resistance at 1.7126, with our core target still at 1.7332.
USDCHF sets a top below key support at .8908/01, targeting .8778.
EURUSD’s break above 1.3690 sets a better base which should allow a backup to 1.3735/48.
EURGBP remains below its 21-day average at .8040 and is expected to retest .7961/59, then our core medium-term target at .7800.
AUDUSD above .9463 can confirm a bullish continuation pattern, to target .9584.
USDCAD spotlight remains firmly fixed on key medium-term support at 1.0650/00, which we look to try and hold.
USDJPY risks stay lower to test key support at 100.82/74.
EURJPY above 139.09/19 would resolve the near-term range higher.

Read the full report: FX Daily