Today’s highlights:
* USDCHF completes a major top below .8931, for .8862 initially, then .8568/18.
* EURUSD risk stays directly higher for 1.3835, the 61.8% retracement of the 2011/2012 downtrend.
* AUDUSD sets a bearish “reversal day” following its rejection of our .9700/30 target.
* NZDUSD weakness holds its rising 21-day average and price support at .8360/45. Beneath here is needed for a deeper sell-off to .8230.
* USDJPY continues to hold price/200-day average support at 97.31/12.
* EURJPY above 133.58 can keep the trend directly higher.
* USDCAD has surged higher from trendline/200-day average support at 1.0268/42. Above 1.0421/27 would establish a better base.
Read the full report: FX Daily
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