Today’s highlights:
USDJPY has surged higher and we stay bullish for 109.31, ahead of 110.67/111.60.
EURJPY above the June peak at 140.11 can see an extension of strength towards 140.97.
EURUSD’s immediate risk stays lower towards our target at 1.2787/55.
AUDUSD resumes its downtrend and we look for weakness towards .8890 next.
NZDUSD has broken below .8122 – the 61.8% retracement of the June 2013/July 2014 rally – and we stay bearish for .8051 next.
USDCAD risk stays higher for the September high at 1.1100.
EURGBP spotlight turns to the price and “neckline” support at .7889/72.
Read the full report: FX Daily