Today’s highlights:
NZDUSD has broken key support at .8432/16, leaving the bias lower towards our core target at .8362/55.
USDJPY has completed a base, leaving the immediate risk on the topside, targeting 102.84 next.
USDCAD threatens a base, with focus on key resistance at 1.0943.
USDCHF’s spotlight turns to key resistance at .8996/9000.
GBPUSD remains capped by 1.6781/83 – price resistance and the 38.2% retracement of the recent decline in late May.
EURUSD stays in a tight, sideways range.
EURJPY completes a base for further strength towards 140.72/75.
AUDUSD’s outlook remains bearish while capped below .9330/37.
Read the full report: FX Daily
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