FX Daily Majors

Today’s highlights:
USDCHF below .8800 rekindles thoughts of a medium-term top, for a decline to .8568/18.
EURJPY below 141.10/27 keeps the risk lower, but with a break below 138.79 needed for a top.
USDJPY risk stays lower for 100.80/75, potentially the 200-day average at 100.20.
EURUSD spotlight turns to the medium-term downtrend at 1.3833.
EURGBP risk stays lower while below .8301.
GBPUSD’s break above 1.6743 turns the trend higher again for the 1.6824 high.
AUDUSD below .8907 sets a small top.

Read the full report: FX Daily

 

Credit Suisse