Today’s highlights:
EURGBP above .8351 has seen a base established, and we target .8392 initially, then the 200-day average at .8426.
EURUSD stays on course for “wedge” trend resistance at 1.3972/76.
NZDUSD surges higher to target the top of the medium-term “triangular” range at .8588/89.
AUDUSD holds the rising 55-day average to keep thoughts of a base alive.
USDCHF maintains its medium-term top, and we target .8568/18.
EURJPY bias stays higher to test the 145.69 peak.
USDJPY ideally holds 102.11/09 to keep the bias higher.
USDCAD below 1.1069/64 can set a minor top in the range.
Read the full report: FX Daily
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