Today’s highlights:
USDJPY spotlight turns towards the price, near-term uptrend and 13-day average support at 117.22/02.
AUDUSD has found an initial hold near medium-term bear channel support at .8468, but we stay bearish for an eventual break lower towards .8316.
EURUSD ideally finds renewed selling interest at the 1.2600/52 barrier and turns lower again.
EURGBP remains biased lower in the range.
GBPUSD extends its correction, but is ideally capped below resistance at 1.5814/97.
USDCHF’s correction extends, but we again look for price and 55-day average support at .9534/32 to try and hold and turn the trend higher again.
EURJPY ideally stays capped below price resistance at 147.47.
Read the full report: FX Daily