Today’s highlights:
USDJPY risk is seen lower towards 101.32, followed by 101.09/07.
AUDUSD stays bearish for weakness towards key “neckline” and price support at .9232/02.
NZDUSD remains bearish for a retest of the June low and 38.2% retracement support of the June 13/July 14 rise at .8402/.8395.
GBPUSD’s break below the recent lows at 1.6813 should trigger further weakness for “neckline” support at 1.6746/39 next.
EURUSD risk stays lower for a move towards 1.3295, followed by 1.3248/28.
USDCHF spotlight stays on trendline and 38.2% retracement
resistance at .9127/35, which we look to cap at first.
USDCAD remains bullish for 1.1054 next, then 1.1280.
Read the full report: FX Daily