Today’s highlights:
● USDJPY maintains a “triangle” continuation pattern and we stay bullish for 101.54/64, and eventually back to the 103.10/74 peak.
● EURJPY stays on course for a test of the range highs at 132.34/75. Above here is needed to complete a bull “triangle”, for 133.84.
● USDCHF spotlight stays on key resistance at .9395/97. Above here, which we favour, is needed to establish a bigger base.
● EURUSD below 1.3186 sets a top and leaves prices weighing on the 200-day average at 1.3146. Beneath would aim at 1.3021.
● EURGBP’s extension through the 200-day average at .8484 turns the spotlight on key support at .8420/.8398.
● GBPUSD must still remove of 1.5422 for a top.
● AUDUSD above .9071 marks a minor base.
Read the full report: FX Daily
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