Today’s highlights:
– NZDUSD’s extension through .8164/83 reinforces a base for .8297.
– AUDUSD bias stays higher to test 38.2% retracement resistance at .9511 next, and eventually .9700/30.
– EURUSD spotlights stays on the range highs at 1.3418/52. With a daily DeMark sell in place, we look for this to try and cap again.
– GBPUSD focus stays higher on accelerated channel resistance at 1.6044/70,where we would look for selling.
– EURGBP’s near-term bounce is seen as corrective and a top stays in place for .8285, then .8165/55.
– USDJPY remains under pressure, but while support at 97.89 holds we give the recent breakout the benefit of the doubt.
– EURJPY bias stays higher through 133.38 to test the key 133.84 peak. Above would turn the trend higher for 138.50/139.14.
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