Today’s highlights:
USDJPY remains under immediate pressure to better support at 100.75/20, which we look to hold for a turn higher again.
EURJPY risks stay lower while below price and 55-day average resistance at 141.07/27.
EURUSD spotlight remains on the medium-term downtrend at 1.3833.
EURGBP remains bearish while below the 55-day average and recent high at .8277/.8301.
GBPUSD ideally holds support at 1.6587/83 to see a retest of the 1.6824 peak.
NZDUSD remains capped by .8432/39, and only above here would set a bigger base.
USDCAD weakness stays seen as corrective and a buying opportunity.
Read the full report: FX Daily
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