FX Daily Majors

Today’s highlights:

• USDJPY’s break beneath 98.27 should clear the way for a deeper decline in the range to 96.96/75, potentially 94.54.

• EURJPY risk is seen lower for a test of 128.69/01, but with a break here needed to see a top

• AUDUSD stays in a choppy range, and only above .9346 would see a base established.

Read the full report: FX Daily

 

Credit Suisse