Today’s highlights:
DXY $ Index above 86.10 should reassert the uptrend for strength back to the 86.75 high.
EURUSD stays bearish for a retest of the key 1.2500/2460 support.
NZDUSD has completed a large bearish “outside day” and we stay bearish for a retest of .7709/.7683.
AUDUSD has completed a bearish “outside day”, leaving the immediate risk lower for .8750/49, ahead of .8687/76.
USDCAD holds above the October lows at 1.1079/70 to leave the trend higher to retest 1.1386.
USDJPY stays bullish for 109.24 initially, ahead of 110.09.
GBPUSD has been capped below the 1.6186 pivot level, leaving downside risks in place to retest price support at 1.5875/54.
USDCHF has established a base and we look for a retest of .9692.
Read the full report: FX Daily