Today’s highlights:
EURGBP’s spotlight turns to downtrend support from June 2013 at .7960.
GBPUSD is poised for a challenge of the 1.6998 high. A break here should see further strength towards 1.7044 next.
USDJPY continues to consolidate, but we expect a retest of the 200-day average at 101.59.
AUDUSD ideally holds .9352/51 – price support and 38.2% retracement of the rally since late May – to keep the immediate risk higher.
NZDUSD continues to hold its base and we look for a retest of price resistance at .8744.
EURJPY remains capped below the 200-day average at 138.81.
USDCAD remains under pressure for a test of key support at 1.0819/13.
Read the full report: FX Daily
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