FX Daily Majors

Today’s highlights:
USDJPY’s focus turns to “neckline” support and the 200-day average at 101.23/21.
GBPUSD holds support at 1.6732/23 – the 50% Fibonacci retracement of March/May rally.
EURUSD found fresh buying near key support at 1.3649/43.
EURGBP continues to trade below .8202/09, leaving immediate risks to the downside.
GBPUSD holds support at 1.6732/23 – the 50% Fibonacci retracement of March/May rally.
EURJPY remains under downward pressure.
USDCAD’s remains capped by the falling trendline resistance at 1.0920.
AUDUSD continues to hold above the 21-day average at .9320.
NZDUSD holds a slight upward bias.

Read the full report: FX Daily

 

Credit Suisse