FX Daily Majors

Today’s highlights:

AUDUSD immediate risks stay higher to .9079/87, which we look to cap to keep the medium-term bear trend in place.
NZDUSD bias stays immediately higher to .8298 with a bigger test at .8356/.8402.
USDCAD continues to try and base above chart and 21-day average support at 1.1041/29.
GBPUSD continues to find support at 1.6262, but downside risks remain in place.
EURUSD’s rally back above 1.3575 eases immediate downside risks.
EURGBP recovery extends, but we look for selling to show at chart and trendline resistance at the .8351/71.

Read the full report: FX Daily

 

Credit Suisse