Today’s highlights:
GBPUSD continues to hold key support from its rising 200-day average at 1.6671, and only below here would complete a top.
EURGBP continues to hold below .8036 for now, but our bias remains for a move to .8074/75 – 38.2% of the March/July fall.
EURUSD remains sideways, but we stay bearish for a break below 1.3333, for our 1.3248 target.
USDCHF is at risk to a slide back to .8993/86, but we look for this to hold.
NZDUSD continues to hold key support at .8402/.8395 for now, and only below here would mark a more important top.
AUDUSD ideally holds below .9341, for a retest of .9240/02.
USDCAD weakness ideally holds 1.0845.
USDJPY remains trapped in its sideways range.
Read the full report: FX Daily