Today’s highlights:
* USDJPY focus remains firmly on the 200-day average at 96.78 where we look for an attempt to rebound.
* AUDUSD has corrected back from its initial test of the .9511/30 barrier.
* NZDUSD remains locked in a sideways range, but the .8183/63 basing level is expected to hold to keep the overall bias higher.
* EURUSD’s correction extends with the focus back on support immediately at the 13-day average at 1.3534.
* USDCHF continues to correct recent losses, but .9140/67 ideally caps for a retest of key support at .8931.
* GBPUSD remains capped beneath the 1.6179 barrier, leaving corrective risks in place.
* USDCAD’s rebound extends and through 1.0375 would aim at 1.0421/37 with scope to neckline resistance at 1.0471/75.
Read the full report: FX Daily
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