Today’s highlights:
USDJPY focus turns to important resistance at 103.64/77. Above here is needed for a better base in the range to test 104.85/94 next.
EURJPY spotlight turns to trendline resistance at 143.20. Above here would open up a test of 143.82, which protects the 145.69 peak.
NZDUSD ideally holds support at .8584/80 to keep the trend directly higher.
AUDUSD is finding a near-term cap at the 61.8% retracement resistance at .9334/38, but we still look for an eventual break higher to our .9410/.9510 basing target.
EURGBP’s correction extends, but a top stays in place for .8203/.8190, beneath which should target key support at .8165/55.
EURUSD continues to hold the 55-day average at 1.3716/04, but the broader risks continue to shift to the downside.
Read the full report: FX Daily
Credit Suisse