Today’s highlights:
USDCAD has found renewed buying at support at 1.0612/00, and we continue to look for a base here.
AUDUSD focus remains on the .9322 price level, but only below here would complete a top.
NZDUSD is still expected to try to turn higher again from the 21-day average and recent low at .8713/08.
EURUSD’s bounce is seen as corrective and we stay bearish for a test of key support at 1.3492/77.
EURGBP strength is seen as corrective and we stay bearish for our core target at .7800.
GBPUSD has settled into a high level range, but the trend stays higher to 1.7330/32.
USDJPY maintains a base for the 102.79/83 barrier.
Read the full report: FX Daily