FX Daily Majors

Today’s highlights:
* USDCAD stays bullish for move to trendline resistance at 1.0500/11 next. Above would target the 1.0569 peak.
* EURUSD spotlight remains on the 61.8% retracement barrier at 1.3835.
* GBPUSD needs to break above 1.6258/62 to target the broader range highs at 1.6325/79.
* USDCHF needs to hold below .8967 to stay directly bearish.
* NZDUSD is expected to hold .8232/31 and turn higher again.
* AUDUSD focus stays on chart and the 21-day average at .9530/20 where look for better support.
* EURJPY above 133.58 can keep the trend directly bullish for 136.00, and eventually 139/141.

Read the full report: FX Daily

 

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