Today’s highlights:
USDCAD above 1.0871/90 would see a larger base established.
NZDUSD continues to extend its weakness and we stay bearish for a test of .8480, followed by .8454/43.
AUDUSD needs to break .9460 to see a retest of key support at .9332/22.
USDCHF above trendline resistance at .9078/84 should allow further strength to the 38.2% retracement barrier at .9135.
EURUSD stays bearish for 1.3374 next, then 1.3248.
EURGBP remains capped below the falling 21-day average at .7933, leaving us bearish for .7800
GBPUSD remains under pressure with focus immediately on important support at 1.6923.
USDJPY spotlight turns to the early July high and falling trendline from the beginning of the year at 102.28/43.
Read the full report: FX Daily