Today’s highlights:
* AUDUSD has seen its expected break above .9511/30 and we stay bullish for our core basing target of .9700/30.
* NZDUSD stays on course for a test of its .8437 recent peak. Beyond here can target .8465/82 next.
* USDJPY holds a base above the 200-day average at 97.00, and we stay bullish for 99.67/100.00 next, with the tougher test at 100.62/88.
* EURJPY stays biased higher to test the 134.96 peak. An eventual break remains expected, for 139.14/141.00.
* GBPUSD continues to hold channel support now at 1.5937, but above 1.6123 is needed to turn the trend higher again for 1.6262.
* EURUSD bias stays for a break above 1.3606/08 to retest 1.3646. Through here can open up a challenge of the year’s high at 1.3711.
Read the full report: FX Daily
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