FX Daily Majors

Today’s highlights:
EURJPY below 137.70 completes an important top, for 136.23.
USDJPY is expected to test the lower end of its range at 101.85/75.
EURUSD has completed a “bearish engulfing” candlestick pattern, leaving the immediate risk to the downside targeting 1.3513/03.
EURGBP’s strength has found a cap near the 21-day average at .7984.
GBPUSD holds rising 13-day moving average support to keep its trend higher for now.
NZDUSD continues to hold above price support at .8780, leaving the immediate risk to the upside.
AUDUSD only sees a top below .9322.
USDCAD spotlight remains on medium-term support at 1.0617/00.

Read the full report: FX Daily