Today’s highlights:
GBPUSD holds in a high level range just below 1.6822/43. However, we stay bullish for a break higher to 1.6875, then the 1.7044 peak.
EURGBP is expected to retest key support at .8165/55.
EURUSD focus turns to the 55-day average support at 1.3772 next.
NZDUSD spotlight remains on .8533/14, but only a break below here would complete a top.
AUDUSD continues to hold its rising 13-day average for now.
USDCAD rebound extends, but only above 1.1071/79 would establish a better base.
USDJPY maintains a base leaving the immediate risks higher in the range to 103.05/06 next, with scope to 103.82/96.
Read the full report: FX Daily
Credit Suisse
