Today’s highlights:
EURUSD continues to hold medium-term range support, starting at 1.2227, and a bullish “wedge” may be forming.
USDJPY immediate risk remains lower for a retest of 117.94/87.
EURJPY’s bias stays lower for a retest of the 146.80 spike low, below which can see scope for 146.42.
USDCAD trend stays higher to test 1.1602/25.
USDCHF’s focus shifts back to price/trendline and 55-day average support at .9636/.9595.
NZDUSD immediate risk can stay lower while capped below the 13-day average at .7784.
AUDUSD’s near-term strength is seen as corrective.
Read the full report: FX Daily
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