Today’s highlights:
· EUR/USD: Mini-base secured through 1.4422, but above key “triangle” resistance at 1.4537 needed for a more bullish signal and better recovery
· AUD/USD: Aggressive rebound from 1.0390 support through multiple range resistance switches tone from range bearish to bullish in 36 hours. Quarter-end risk over 1.0776/95 hurdles to challenge 1.0890/91 in early July
· NZD/USD: New secular high hit on rebound again from the 55-DMA (now .8049). Early July risk to key .8395 barrier and .8420 return line
· USD/CAD: Plunge back from the 200-day MA to probe key .9701 support. Now aiming through foundations layered at .9670/55/40 to .9511
Today’s trades:
· EUR/USD: Missed on long at 1.4327; long on break above 1.4443 for 1.4523; reverse to short here or below 1.4409
· USD/JPY: Long at 79.80 for 81.75; stop/reverse 79.49
· GBP/USD: Flat, re-enter short at 1.6135 for 1.5886; exit 1.6276
· USD/CHF: Short through .8325 for .8131; exit .8445
· AUD/USD: Long through 1.0605 for 1.0791; reverse to short here or flat below 1.0648
· NZD/USD: Cut long from .8050 at .8300; re-enter long at .8185 for .8415; exit .7995
· USD/CAD: Short at .9805 for .9526; exit/reverse .9920
Credit Suisse
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