Today’s highlights:
USDCAD continues to hold trend support to leave the bias higher to challenge 1.1100, ahead of an eventual retest of the 1.1280 peak.
AUDUSD’s break below March’s low at .8890 leaves the immediate bias bearish for .8839, then our .8674/58 core target.
NZDUSD remains capped below the price, accelerated downtrend and 13-day average resistance at .8184/.8232.
GBPUSD holds above price support at 1.6162, leaving the immediate bias still higher.
EURGBP spotlight remains on our core bear target zone at .7800/.7755.
EURUSD spotlight remains on our core target zone at 1.2787/55.
USDJPY needs to hold 108.59/31 to prevent a small top.
Read the full report: FX Daily