Today’s highlights:
EURUSD spotlight remains on support at 1.3513/03. We favour an eventual break below here and 1.3477 to complete a large bear “wedge”.
EURJPY stays bearish and we look further weakness to extend towards the 136.23 low for the year.
EURGBP trend stays lower with immediate focus on price/channel support at .7886/66 and eventually our .7800 core target.
GBPUSD must hold above 1.7059/52 to avoid a fresh top and a deeper setback.
USDCHF maintains a base and we target the .9038 high.
USDCAD spotlight stays on downtrend resistance at 1.0783/95.
AUDUSD only sees a top below .9330/20.
Read the full report: FX Daily