Today’s highlights:
NZDUSD’s extension above .8795 keeps the spotlight higher on medium-term resistance at .8845/61.
AUDUSD extends its recovery in the new range.
USDCAD spotlight remains on key medium-term support at 1.0617/00, which we look to ideally hold.
GBPUSD continues to find buying above 13-day average support, leaving the trend higher for 1.7330/32.
EURUSD’s corrective bounce extends to test the “neckline” to the recent small top at 1.3640/50, which we look to try to cap.
EURGBP’s correction extends, but we stay bearish for our core target at .7800.
USDJPY focus remains on the 101.23 low.
Read the full report: FX Daily