Today’s highlights:
USDJPY above the 103.74 high maintains a bullish outlook for our 105.60/106.00 next target, and eventually 110.60/111.60.
EURJPY above 140.92 can maintain an immediate bullish outlook.
AUDUSD sees its expected break to a new low and we stay bearish for .8743/38, and ideally .8675.
USDCAD has held key trend support and we stay bullish for our 1.0802/1.0854 long-held target.
EURUSD has again rejected key resistance at 1.3835, and we stay bearish for 1.3620/15, then 1.3524/21.
GBPUSD moves to a new high, but is still capped by trend resistance at 1.6484/94. We stay bullish though.
EURGBP has seen its expected top at the .8466/95 barrier.
Read the full report: FX Daily
Credit Suisse
