FX Daily Majors

Today’s highlights:
USDJPY’s risk stays topside while still holding above the near-term uptrend, price and 13-day average support at 118.00/117.24.
USDCAD ideally holds support at 1.1234/23 to see a break above 1.1468 and to test trendline resistance at 1.1571/78.
GBPUSD is expected to stay capped below 1.5827/53 to keep the immediate trend lower to 1.5429/22 next.
AUDUSD’s near-term strength ideally stays capped below the price and near-term downtrend at .8599/.8621.
EURUSD holds in a low level range, but the trend stays bearish.
EURGBP remains range bound.
EURJPY continues to hold above key support at 146.99/42.

Read the full report: FX Daily