Today’s highlights:
● EURUSD’s prod beneath 1.3186 begins to set a bigger top for 1.3144, ahead of 1.3021/1.2980.
● USDCHF remains poised beneath the 200-day average at .9344 and we look for a test and eventual break above the key .9395/97 barrier to establish a bigger base.
● GBPUSD continues to hold “neckline”/channel support at 1.5445/22.
● EURGBP breaks key uptrend support, to target .8420/.8398.
● NZDUSD spotlight stays on the bottom end of the range at .7693/54. Only below here though would set a bigger top.
● AUDUSD continues to hold trend support from the early August low for now.
● USDJPY spotlight stays on key resistance from the top of the “triangle” range at 98.86/99.15.
Read the full report: FX Daily
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