In the daily currency technicals, the Canadian dollar remains in range, the Australian dollar loses ground, and the New Zealand dollar is possibly bottoming.
In the daily currency technicals, the euro tests triangle resistance, the Japanese probes bottom of pivot zone, the British pound continues to test 1.9100, and the Swiss franc strengthens to trendline.
A short-term setback in the USD/JPY has occurred and the decline below yesterday’s low at 117.65, if only temporary, gives scope to additional weakness.
In the daily currency technicals, the euro tests 1.2800, the Japanese yen holds strong, the British pound is due for a correction, and the Swiss franc is at 5-month support.
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