Today’s highlights:
EURUSD has fallen back to weigh on the 1.1754 recent low. Capitulation below here would target the November 2005 low at 1.1641 next.
EURJPY remains bearish for the 78.6% retracement support at 137.49.
USDJPY’s immediate risk stays lower for 116.82 initially, ahead of key support at 115.56/46.
USDCAD has initially been capped ahead of the 1.2000 barrier, but we stay bullish for a move above here to 1.2280.
GBPUSD remains under downside pressure while capped below 1.5318/22.
EURGBP continues to threaten a large top below pivotal support at .7755/43.
AUDUSD’s focus turns to key support at .8033/28, below which can see a resumption of the core bear trend.
Read the full report: FX Daily