Today’s highlights:
EURUSD stays bearish for 1.1098 at first, followed by our core medium-term bear target at 1.0836/0765.
EURGBP remains bearish for a retest of .7405/.7379.
GBPUSD’s immediate risk stays lower whilst capped below the price barrier at 1.5268/70.
USDCAD’s immediate risk stays topside for 1.2624, ahead of 1.2715.
AUDUSD’s immediate risk stays lower for .7855, ahead of the July 2009 low at .7702.
NZDUSD needs to stage a clear break below .7337 to reinforce the immediate bearish bias for .7116 next.
USDJPY remains in its near-term sideways range.
Read the full report: FX Daily