Today’s highlights:
• EURUSD spotlight stays on key resistance at 1.3418. We look for an attempt to hold here. A break can target 1.3504/21.
• AUDUSD’s recovery continues, but only above .9283/.9346 would see a base, and a more important reversal.
• NZDUSD spotlight turns to trendline/price resistance at .8083/.8107, which we look to cap.
• USDJPY is expected to try and hold and turn higher from the bottom end of the triangular range at 95.45/94.80.
• EURJPY focus stays on the 128.01 low, a break of which can target 126.57.
• GBPUSD continues to be capped near-term by trendline and 200-day average resistance at 1.5534/42.
• USDCHF holds the range lows at .9175/30, but above .9340 is needed to turn the trend higher again.
Read the full report: FX Daily
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