Today’s highlights:
EUR/USD: Aggressive, whipsaw 24 hours leaves constructive bias. Skewed risk through 1.4442/60 to key 1.4498
USD/JPY: Bullish “outside” Wednesday reinforced for better base to aim at 81.07 with quarter-end risk through 81.78 closer to 82.24/25, chart/200-day MA hurdles
GBP/USD: “Neckline” break reinforced through 1.6058 and 200-day MA. 1.5937 low to hold for now, but July risk growing for extension lower to the 1.5751/5645 area
AUD/USD: Erosion back from the 55-day MA (1.0655) holds again above 1.0443/1.0441 price support to lend a still constructive tone into late June risk aiming at 1.0776/95
Today’s trades:
EUR/USD: Short through 1.4274; reverse back long at 1.4237 or above 1.4280 for 1.4458
USD/JPY: Long at 79.80 for 81.75; stop/reverse 79.49
GBP/USD: Short at 1.5995 for 1.5756; exit 1.6081
USD/CHF: Long at .8352 for .8514; exit/ reverse here or through .8325
AUD/USD: Long at 1.0572 for 1.0790; exit below 1.0440
NZD/USD: Look to buy at .8050 for .8300; exit/reverse through .7964
USD/CAD: Short entered at .9805 for .9526; exit .9920
Credit Suisse
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