FX Daily Majors

Today’s highlights:
USDJPY continues to threaten an important top, with a break below 100.75 needed to confirm.
EURJPY stays bearish for the 200-day average at 138.09.
AUDUSD below .9202 would see a top, targeting the 200-day average at .9171 initially.
NZDUSD stays under pressure for a test of .8526/17, below which would see a larger top complete.
USDCAD while below 1.0928/36 can still lean lower to 1.0738/30.
GBPUSD is expected to extend strength up through 1.6904 to turn the trend higher again for 1.6998/7000.
EURGBP trend stays lower to .8085 next.
EURUSD spotlight remains on key support at 1.3643/32, below which is needed to add weight to thoughts of a larger top.

Read the full report: FX Daily

 

Credit Suisse