Today’s highlights:
* NZDUSD stays under pressure, and below .8194/64 would complete a bearish “head & shoulders” top.
* AUDUSD stays bearish for .9281, then .9223/07 – the “neckline” to the summer base.
* USDJPY above 99.76/99 would suggest a fresh attempt to establish a bull “triangle” has been achieved, to target 101.54/61.
* GBPUSD below 1.5957 should see a retest of 1.5894, but with a break below here needed to confirm an important top.
* USDCHF maintains a base and we look for a break above .9253 to target the 200-day average at .9321.
* EURUSD stays bearish while below 1.3449/85, for 1.3220.
Read the full report: FX Daily
Credit Suisse
