Today’s highlights:
AUDUSD has collapsed lower overnight and we stay bearish for medium-term channel support at .8720, and ideally .8675.
USDCAD’s uptrend stays intact for 1.1234 next, and eventually 1.1666/1727.
USDJPY recovery extends, turning the spotlight back to the 105.30/60 highs.
EURJPY needs to break above 143.18 to see a fresh base.
EURUSD’s prod beneath trendline support at 1.3605 keeps topping pressures intact.
USDCHF above .9129 should see the base target at .9190/.9206.
GBPUSD needs to hold 1.6285 to avoid a small top.
Read the full report: FX Daily
Credit Suisse