FX Daily Majors

Today’s highlights:
* GBPUSD has found selling at 1.6115/25 – the “neckline” to the recent top and 61.8% retracement barrier.
* EURGBP ideally holds beneath “neckline” resistance at .8443/44, to see a move down to .8332.
* EURUSD continues to hold price, trendline and 38.2% retracement support at 1.3464/21, but bearish risks remain in place.
* NZDUSD ideally turn lower from .8411/47.
* AUDUSD remains capped beneath .9545/50.
* USDJPY remains poised to test 99.01, above which targets 99.67/84.
* EURJPY continues to hold its uptrend from June at 132.44/37.

Read the full report: FX Daily

 

Credit Suisse