FX Daily Majors

Today’s highlights:
USDCAD spotlight remains firmly fixed on key medium-term support at 1.0650/00.
USDJPY spotlight remains on key support at 100.86/74.
GBPUSD holds in a high level range, but we stay bullish for a break higher to test 1.7123 next, then our medium-term target at 1.7332.
EURGBP continues to hold above .7961/59 for now, but we stay bearish for our core medium-term target at .7800.
EURUSD correction extends, but we still look for 1.3670/90 to cap.
USDCHF spotlight remains on key support at .8908/01, beneath which would see a top.
AUDUSD spotlight stays on the 2014 high at .9463. A break above here remains needed to confirm a bullish continuation pattern.
NZDUSD stay bullish for the 2011 high at .8845.

Read the full report: FX Daily