FX Daily Majors

Today’s highlights:
USDCAD’s stay bearish for a break below 1.0813, to test 1.0747/31.
NZDUSD’s corrective bounce ideally stays capped by the “neckline” to the top at .8527/30.
AUDUSD has completed a small base and bullish “outside range” day.
EURUSD risks stay lower to 38.2% retracement support at 1.3520.
EURGBP is expected to turn lower from .8153/61 to retest .8081/64, then .7982/61.
GBPUSD immediate focus stays on support at 1.6666/60.
EURJPY has broken its 200-day average and recent low, targeting February’s low at 136.23 next.
USDJPY spotlight stays lower and on 200-day average, price and 61.8% retracement support at 101.42/32.

Read the full report: FX Daily

 

Credit Suisse