FX Daily Majors

Today’s highlights:

EURGBP as expected has broken below .8230 to keep the bear trend in place for our core target at .8165/55.
GBPUSD continues to hold the 55-day average at 1.6323, but above 1.6509/18 is needed to aim at 1.6605 again.
EURUSD holds below trendline resistance at 1.3604 to keep a top in place for 1.3458 then 1.3356/24.
USDCHF stays bullish for .9190/.9206.
USDCAD’s uptrend stays in place for our 1.1234 first core objective.
AUDUSD is expected to find at the falling 21-day average at .8903/34.
USDJPY must break above 104.94 to open up a retest of more important resistance at 105.30/60

Read the full report: FX Daily

 

Credit Suisse