Today’s highlights:
USDJPY’s recovery extends, but we look for selling at 102.95/98 and for 103.46/60 to cap to keep the risks lower in the range.
AUDUSD’s near-term recovery stays intact, but we still look for .9079/87, to try and cap to keep the medium-term bear trend in place.
USDCAD’s removal of 1.1029 low keeps near-term corrective pressure in place for now.
GBPUSD is expected to find selling at trendline resistance at 1.6435/55.
EURUSD is expected to find selling at potential trendline resistance at 1.3653.
EURGBP is expected to try and turn lower from chart and trendline resistance at .8351/69.
Read the full report: FX Daily
Credit Suisse
