Today’s highlights:
EURJPY strength is on the cusp of our long-held 139/141 medium-term target, which we look to cap at first.
USDJPY stays on course for a retest of long-term resistance at 103.10/74.
AUDUSD stays biased lower to .9077/38, which we expect to hold at first. Beneath would expose the year’s lows at .8892/48.
NZDUSD stay bearish for .8036, then .7843.
USDCAD’s stays bullish for the year’s high at 1.0616 then 1.0658/81.
GBPUSD spotlight stays squarely on the 1.6258/62 highs.
EURUSD risks mount for its rebound to extended above 1.3577 to 1.3627 next.
Read the full report: FX Daily
Credit Suisse
