Today’s highlights:
USDJPY’s advance has found a temporary halt just shy of the potential trend line resistance at 107.52.
GBPUSD’s spotlight stays on the bear gap at 1.6283, above which is needed to ease immediate downside risks.
USDCAD risk stays higher for 1.1100 initially, ahead of the 1.1280 high of the year.
EURUSD above 1.2989 would set a small base but the broader trend remains bearish for 1.2787/55.
AUDUSD stays bearish and we look for a retest of key support at .8982.
EURJPY’s immediate risk can stay higher while holding above 137.73/68.
USDCHF stays sideways in its near-term range.
Read the full report: FX Daily