FX Daily Majors

Today’s highlights:

* EURJPY has achieved our long-held 139/141 medium-term target, which we look to cap at first for a correction lower. An eventual break can target 149.25.
* USDJPY stays on course for a retest of the year’s high and key long-term resistance at 103.10/74.
* GBPUSD above 1.6379 can see a new high for the year.
* EURGBP stays bearish for .8300/.8285.
* USDCAD stays bullish for 1.0802/54.
* AUDUSD is expected to hold .9040 at first for a corrective bounce.
* NZDUSD reinforces a top for .8036, then pattern objectives at .7843.

Read the full report: FX Daily

 

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