Today’s highlights:
EURUSD has fallen sharply again to leave the immediate bias bearish to 1.1212 next then our core target at 1.0836/0765.
EURGBP’s immediate risk stays lower for a test of .7500, followed by .7423.
EURJPY’s break below key support at 134.14/10 reinforces the bearish outlook for 133.23/19 next.
USDCAD trend stays higher for a challenge of price resistance at 1.2507.
USDJPY’s immediate spotlight stays on 118.89/96, above which is needed to see scope for 119.81/120.00.
AUDUSD stays bearish for a move lower towards .7948/29 next.
NZDUSD remains bearish for further weakness towards the May 2012 low at .7456.
Read the full report: FX Daily