FX Daily Majors

Today’s highlights:
• EURUSD bias stays lower to test 1.3190, but beneath here remains needed to set a better top, for 1.3112.
• USDCHF spotlight stays on key resistance at .9380/95. Only above here though would see a base established.
• USDJPY strength has been capped by its 55-day average at 98.44.
• EURJPY ideally holds 129.72/64 to keep the risk marginally higher in the range.
• AUDUSD ideally holds below its 55-day average at .9246 to keep the risk lower in the range.
• NZDUSD strength extends, but only above .8107 would warn of a base.
• GBPUSD focus turns back to its 200-day average and recent high at 1.5524/1.5575.

Read the full report: FX Daily

 

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