Today’s highlights:
USDCAD maintains a medium-term base and we stay bullish for 1.1234 next, with scope to eventually push onto 1.1666/1727.
USDJPY completes a small top, and we continue to look for a deeper setback towards 102.18/08.
EURJPY is expected to extend its decline to 140.15/05.
EURGBP stays bearish for our core target at .8165/55.
GBPUSD’s break up through 1.6476 hints at a better base.
EURUSD has bounced again from trendline support at 1.3585.
USDCHF correction extends, but we look for and attempt to try and hold above .9005/.8989.
AUDUSD is at risk to a deeper recovery to .9169/79.
Read the full report: FX Daily
Credit Suisse