Today’s highlights:
EURUSD needs to hold below 1.3221 to keep the immediate risk lower for a break below 1.3104, and a move to our 1.3020/15 next target.
EURGBP extends its recovery, but we look for .8034/37 to ideally cap.
GBPUSD stays bearish for 1.6365, then our core target at 1.6283/52.
AUDUSD has completed a bullish “outside” reversal, placing the spotlight back onto the .9375/76 highs.
NZDUSD stays bearish for .8259/42 next.
USDCHF ideally holds above price and 21-day average support at .9126/21 to keep the topside bias.
USDJPY has corrected lower but we stay bullish for a retest of the 105.48/60 barrier.
EURJPY immediate risk stays topside for 138.48/50 next.
Read the full report: FX Daily