FX Daily Majors

Today’s highlights:

USDJPY above 102.29/39 can see a small base.
EURJPY needs to break 141.56/57 to complete a small base.
NZDUSD has broken uptrend and 21-day average support, but only a break below .8514 would set a top.
USDCAD needs to break above 1.1011/19 to set a small base.
EURUSD still threatens a potential large bear “wedge”.
GBPUSD has found good buying at the 21-day average at 1.6660, keeping the immediate risk higher.
EURGBP risk is seen lower while below .8315/24.
USDCHF ideally holds below .8828/48 to keep the risk lower.

Read the full report: FX Daily

 

Credit Suisse