FX Daily Majors

Today’s highlights:
• AUDUSD has completed a bearish “reversal day” after rejecting resistance from its falling 55-day average.
• NZDUSD has rejected key resistance at .8165/80, but below .7934/28 is needed to mark a more conclusive failure.
• EURUSD ideally stays capped at 1.3401/18.
• GBPUSD stays biased higher to a tougher test at the 1.5752/82 barrier, which we look to ideally cap.
• USDCHF remains under near-term pressure within the range.
• USDJPY remains capped by its 55-day average at 98.35/65.
• EURGBP attention stays on trendline and 200-day average support at .8495/55.

Read the full report: FX Daily

 

Credit Suisse