FX Daily Majors

Today’s highlights:
USDCAD has found support at 1.0981/66, but above 1.1123/40 is needed to turn the trend higher again.
AUDUSD holds above .8873/63, leaving recovery risk up to .9078/87, which we look to try and cap.
EURUSD is expected to extend its recovery to 1.3734/37.
USDCHF below .8904 can see a move back to the .8800 low.
GBPUSD is still capped at trendline resistance at 1.6443/64.
EURGBP is expected to try and turn lower from chart and trendline resistance at .8351/69. Above would see a base.
USDJPY key resistance is seen at 102.70/95.

Read the full report: FX Daily

 

Credit Suisse