Today’s highlights:
* USDJPY has found buying ahead of trendline and chart support at 97.78/50 and we look for rebound from here.
* EURJPY continues to hold trendline and 21-day average support at 132.41/06, leaving the risks still higher to retest 134.96.
* NZDUSD basing effort extends above firmer support at .8181/63.
* AUDUSD continues to hold the 13-day average at .9345, but back above .9459/60 is still key to open up retest of the .9511/30 barrier.
* EURUSD holds above the former range highs at 1.3452/18, and while intact the bias can still lean higher to 1.3597/98 ahead of the 1.3711 peak.
* GBPUSD holds price/13-day average support at 1.5958/55, leaving the bias higher for a test of 1.6164/78, above which aims at 1.6340/79.
* USDCHF remains moribund at the bottom of the range at .9084/21
Read the full report: FX Daily
Credit Suisse