EUR/USD: Bearish Wedge And H&S Top; USD/JPY: Sideways – Credit Suisse

EUR/USD has finally capitulated below the key 1.3477 February low, notes Credit Suisse. “This confirms the long-awaited large bear “wedge” pattern and now also a “head & shoulders” top, and we maintain our bearish outlook for further weakness to 1.3399 initially, then the 50% retracement of the…

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EUR/USD: Bearish Wedge And H&S Top; USD/JPY: Sideways – Credit Suisse