Today’s highlights:
EURUSD is weighing on the recent cycle low at 1.3433, and we stay bearish for a break lower to our 1.3248 target.
NZDUSD spotlight remains squarely on key support at .8402/.8395, below which can mark a more important top.
AUDUSD only sees a top below key support at .9240/02.
USDCAD needs to hold 1.0906/03 to prevent a near-term top.
GBPUSD is expected to find a base ahead of key support at 1.6698/93.
EURGBP consolidation is expected to be followed by an eventual move lower to our core target at .7800/.7755.
USDJPY continues to edge higher, but with a break above 102.47 needed to mark a near-term base.
EURJPY needs to hold below 137.08/18 to keep the risk directly lower.
Read the full report: FX Daily