Today’s highlights:
* USDCAD’s upside break through 1.0421/27 sets a better base to test trendline resistance at 1.0500/13 next.
* USDJPY breaks support from its 200-day average, to target 96.00.
* EURUSD focus stays on 61.8% retracement resistance at 1.3835.
* GBPUSD attention remains on resistance at 1.6258/62. Above here would open up a test of the broader range highs at 1.6325/79.
* NZDUSD stays bearish for the 38.2% retracement of the
September/October rally at .8232/31.
* AUDUSD stays bearish for a test of its 21-day average at .9530/20.
* USDCHF is expected to find support initially at the 61.8% retracement support level at .8862.
Read the full report: FX Daily
Credit Suisse
