Today’s highlights:
DXY $ Index below 85.45 has completed a small top, and we look for a correction lower to 84.52/50, and potentially as far as 84.10/05.
EURUSD completes a small base and the risk stays higher for strength towards 1.2816 next.
AUDUSD has completed a small base, leaving the immediate risk topside for .8929/33 next.
NZDUSD completes a small base and we look for strength to .8042/48.
USDCHF has formed a small top to target .9459/51.
EURGBP spotlight remains on “neckline”/price resistance at .7900/.7905.
GBPUSD above 1.6234 can see a move higher to challenge 1.6416/21.
USDCAD ideally holds above key price support at 1.1070/61.
USDJPY risk stays lower for a decline to 107.48/41.
Read the full report: FX Daily