Today’s highlights:
EURJPY is attempting to break its medium-term uptrend at 136.57.
EURUSD continues to consolidate, but the broader trend stays lower to 1.3104, then our 1.3020/15 target.
USDCHF ideally holds above .9104/.9095 to keep the trend higher.
USDCAD is still at risk of a deeper correction, but the medium-term uptrend remains intact.
NZDUSD is seeing only a muted recovery and we stay bearish for .8259/42, and eventually .8125/20.
AUDUSD remains capped at .9375 for now to maintain a range.
GBPUSD extends its near-term bounce. However, we maintain our core downside target at 1.6283/52.
EURGBP must remove price support at .7922/16 to turn the trend lower again.
Read the full report: FX Daily