Today’s highlights:
• USDJPY remains in retreat and the break of 96.96/75 opens up a move to 95.45, with the bottom end of the range at 94.73 expected to hold.
• EURJPY’s break of uptrend support should see the decline extend to 128.01, the July low.
• GBPUSD spotlight turns to trendline/200-day average resistance at 1.5534/50 which we look to try and cap.
• EURUSD spotlight stays on key downtrend, price and retracement resistance at 1.3342/50, which we still look to try and cap.
• AUDUSD recovers sharply, but we look for .9129/38 to ideally cap further strength from here.
• NZDUSD has extended its correction, but .7937/48 ideally caps to see a retest of the .7687/83 lows.
• USDCHF’s break below .9228 brings prices within striking distance of the broader range lows at .9180/30 which we look to provide a floor.
Read the full report: FX Daily
Credit Suisse