Today’s highlights:
* EURUSD’s surge higher turns the spotlight back on the 2013 high at 1.3711. Above can target the 61.8% retracement of the 2011/2012 bear market at 1.3835.
* AUDUSD surges higher and remains on course for our .9700/30 longheld target, where we look for a top.
* NZDUSD above .8465/82 should target the top of the medium-term range at .8627/78
* GBPUSD’s attention turns back to the 1.6262 peak. Above can target the broader range high at 1.6329/79.
* USDCHF falls aggressively, warning of a retest of .8968.
* EURJPY above 134.15 should retarget the 134.96 high.
* USDJPY though is seen at risk to a test of 97.64/50.
Read the full report: FX Daily
Credit Suisse
