EUR: The down trend line drawn from the 1.1035 high is still leading the bearish impulse. We will maintain a weak euro view below the 1.0703/1.0712, now resistance, targeting 1.0494/1.0505 and 1.0456 lows.
GBP: Despite of the dominant negative tone that has printed a new low at 1.4563 we recommend to pay attention to oscillators divergences in case of a quick recovery over 1.4650. The support and map bottom at 1.4476/1.4509 also can favor some reaction.
EURGBP: Good bounce from the support and buying area at 0.7214/18 that keeps intact a two price action outlook. Today´s map bottom and longs stop at 0.7188.
EURJPY: 127.16 quoted, almost reaching the 126.86 support and March’s low reference.
Now the 128.32 level should act as resistance in the current short-term recovery attempt.
AUD: Following a new 0.7750 rejection the aussie seems ready to test again the 0.7560-0.7530, recent area of lows.
NZD: A new down rotation has room to develop once lost the upside trend line started at 0.7182. First support to watch at 0.7390.