Today’s highlights:
USDJPY has completed a small base, leaving the immediate risk topside for 109.24, ahead of the October peak at 110.09.
EURUSD below 1.2624/05 would open up a retest of 1.2500/2460.
EURJPY ideally caps below key price resistance at 137.10 to keep the immediate risk lower.
EURGBP stays bearish for .7849, beneath which would again expose key support at .7766/55.
GBPUSD below 1.5941 would turn the focus back to support at 1.5875/54.
USDCAD trend stays bullish for 1.1298/300 at first and then 1.1362/86.
NZDUSD immediate risk stays lower for .7795/82, ahead of an eventual move to .7709/.7683.
Read the full report: FX Daily