Today’s highlights:
USDCAD spotlight stays on our 1.1234 first objective, which we would look to ideally cap at first.
EURGBP targets key support at .8165/55, beneath which would see a fresh bear leg to .8085 next.
EURUSD remains under bearish pressure and the spotlight turns to 1.3507, beneath which sets a top for 1.3458 next.
USDJPY stages a bearish “outside” session which leaves the immediate risks lower to 101.02/100.62.
NZDUSD risks mount for a break below .8117/.8084, which would set a top and see a deeper turn lower in the range for .8013 next.
USDCHF’s break above .9006/11 eases immediate downside risks.
Read the full report: FX Daily
Credit Suisse