Today’s highlights:
* GBPUSD breaks to a new high for the year, and we look for further strength to 1.6619.
* EURGBP achieves our .8285 next target, but we stay bearish for .8165/55.
* USDCAD also moves to a new high for the year, and we stay bullish for 1.0802/1.0854.
* EURJPY has achieved our long-held 139/141 medium-term target, which we look to cap at first for a correction lower.
USDJPY stays on course for a retest of the year’s high and key long-term resistance at 103.10/74.
* AUDUSD continues to hold .9045 as expected, and a deeper recovery is expected prior to the downtrend resuming.
Read the full report: FX Daily
Credit Suisse