Today’s highlights:
• AUDUSD stages an aggressive bearish “outside” day reversal, keeping immediate risks to the downside.
• NZDUSD also forms a bearish “outside day”, but no breakdown has been seen from the range yet.
• EURUSD rally is stretched, and we look to fade any further strength towards 1.3342/1.3418, for a turn back lower in the range.
Read the full report: FX Daily
Credit Suisse