Today’s highlights:
– EURUSD’s break above 1.3121/63 keeps the immediate risks higher in the range to 1.3232, above which would aim at 1.3340/42.
– EURGBP’s breakout above .8562/76 keeps the risks higher to .8661, through which would look to the .8796 March high.
– AUDUSD remains capped beneath the 1.0104/00 38.2% retracement barrier leaving the risk down to 1.0203 with key support at 1.0104/00.
– GBPUSD remain capped beneath 1.5423/75 and only above would ease ongoing downside risks and allow a more extended recovery to 1.5552.
– USDCHF’s break beneath .9269/60 and .9232/30 signals a more bearish turn for .9150/37 next with key support at the .9021 spike low.
– USDJPY eases back from the 99.95 recent high, but the uptrend remains intact.
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