Today’s highlights:
EURUSD’s break above 1.3735/37 sets a better base to target the medium-term downtrend and 2013 high at 1.3847/93.
USDCHF’s break below .8904 exposes the .8800 December 2013 low.
EURJPY needs to clear 141.22/28 to mark a better base.
USDJPY only sees a better base above 103.46/68.
AUDUSD needs to break above .9079/87 to see a base, for .9209/14.
USDCAD’s near-term correction extends, but we look for 1.0850/27 to provide a floor.
GBPUSD near-term weakness is seen as corrective and we stay bullish for 1.7044, then 1.7330/32.
EURGBP rebound extends, but we stay bearish for an eventual break below key support at .8165/55.
Read the full report: FX Daily
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