Today’s highlights:
USDCAD remains in a solid uptrend for 1.2000 next, then the 78.6% retracement barrier at 1.2280.EURUSD is still stretched, but only above 1.1957/77 would remove immediate downside risks.
USDCHF weakness is ideally contained at 1.0051/33.
GBPUSD remains stretched, but only above 1.5382 would ease immediate downside risks.
EURGBP spotlight stays on pivotal support at .7755/43.
AUDUSD immediate risk can remain marginally higher while holding above .8104.
NZDUSD needs to break above .7872 to mark a base for a recovery back to .7976.
USDJPY has managed to hold above its 55-day average at 117.78/73.
Read the full report: FX Daily