Today’s highlights:
* AUDUSD has achieved our.9700/30 basing target, and we continue to look for a top here.
* NZDUSD falls sharply overnight, completing a top below .8435.
* EURUSD breaks to a new high for the year, but faces a cluster of Fibonacci resistances at 1.3800/35, which we look to cap at first.
* USDCHF spotlight turns to the key .8931 low again. Below here would complete a major top.
* GBPUSD stages a bullish “outside” day to keeps the spotlight on 1.6262, next then the range highs at 1.6320/79.
* USDJPY falls sharply to test its 200-day average at 97.28/26. A break can see weakness extend to 96.01/95.80.
Read the full report: FX Daily
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