Today’s highlights:
EURUSD’s sharp fall below 1.3020/15 reinforces our bearish stance, and we maintain our 1.2755 target. Bigger picture, we see scope for closer to 1.2200.
USDCHF’s surge above .9251/72 should see strength extend to .9505.
EURGBP is expected to eventually break below .7872 to turn the trend lower again for our core target at .7800/.7790.
GBPUSD has achieved our core downside target at 1.6283/52.
USDJPY’s surge above 105.48/60 should trigger a fresh leg of strength towards 107.34 initially, then 110/111.
EURJPY spotlight turns back to the low at 135.72.
AUDUSD can stay marginally bullish while above .9330.
Read the full report: FX Daily