FX Daily Majors

Today’s highlights:
* EURGBP has confirmed a top below .8398, and we stay bearish .8165/55.
* GBPUSD’s break above “neckline” resistance at 1.5828 confirms a large base, and we target 1.6035/46.
* EURUSD needs to hold basing support at 1.3230/23 to keep the immediate risks higher in the range.
* AUDUSD consolidation extends, but we ideally look for .9123/14 to hold to keep the risks still higher.
* NZDUSD spotlight stays on the key range highs at .8164/85.
* USDJPY remains under corrective pressure, but 98.54/20 ideally holds.
* EURJPY ideally holds 130.98 to try and hold to see a turn higher again.

Read the full report: FX Daily

 

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