Today’s highlights:
– AUDUSD’s snap below 1.0350/33 reinforces a top and turns the trend lower again in the range for 1.0203 with solid support still at 1.0104/00.
– NZDUSD must remove.8375/59 to signal a deeper setback to channel and 200-day MA props at .8242/09
– GBPUSD remains capped by 1.5423/70 and beneath 1.5199 would set a top for 1.5143 ahead of 1.5034.
– USDCHF risks stay lower and removal of .9269/60 would see further downside to.9232/30 then .9150/37.
– USDJPY has extended its reversal from our 99.86/100.00 target. Beneath 95.80 though is needed for a deeper correction to 94.56 then 92.57.
– EURUSD remains capped at 1.3125/63.
Click here to read the full report: FX Daily
Credit Suisse
