Today’s highlights:
USDCAD remains under downside pressure, targeting May’s low at 1.0813 next, with scope for 1.0738/31.
AUDUSD continues to threaten a top, but only below .9202 would confirm.
NZDUSD also threatens a bearish reversal, with a break below .8527/17 needed to establish a top.
USDJPY has rallied to downtrend, price and 61.8% retracement resistance at 102.16/20.
EURJPY continues to hold its rising 200-day average at 138.26.
EURUSD’s outlook remains bearish while below 1.3735.
USDCHF’s recent weakness is seen as corrective for now.
GBPUSD stays bullish for 1.6998/7000, then 1.7044/49.
EURGBP stays bearish for .8034, then .7982/61.
Read the full report: FX Daily
Credit Suisse