Today’s highlights:
* EURUSD correction extends, but we still look for an attempt to try and turn lower again from 1.3548/68.
* GBPUSD above 1.6120/25 though should see a retest of the 1.6258/62 highs.
* NZDUSD has found selling ahead of the .8416 barrier, and while this caps, the bearish “head & shoulders” top threat remains intact.
* AUDUSD has found selling at .9422/40, and we look for .9456 to ideally cap to see a turn lower again.
* USDCAD remains under pressure, but while price support at 1.0396 holds, the trend can stay modestly higher to 1.0569 next.
* USDJPY can stay directly bullish while above 99.11.
* EURJPY spotlight stays on the 135.48 peak.
Read the full report: FX Daily
Credit Suisse