Today’s highlights:
EURUSD continues to trade sideways in a tight range but we remain bearish for a break of key price support at 1.3586.
USDCHF edges towards pivotal resistance at .8996/.9000, with a break here needed to target .9084 next.
NZDUSD is at risk of a near-term correction higher.
USDJPY continues to hold above price support at 101.93/91.
EURGBP stays bearish for a retest of .8081/61, then .7982/61.
USDCAD continues to push higher towards 1.0962/66 next.
GBPUSD remains capped below 1.6781/83 – price resistance and the 38.2% retracement of the recent decline in late May.
EURJPY holds a slight upward bias while trading above price support at 139.10.
AUDUSD’s recent strength ideally caps below .9330/37.
Read the full report: FX Daily
Credit Suisse