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Technical Setups For EUR/USD, USD/JPY, GBP/USD, AUD/USD - Credit Suisse
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Credit Suisse. EUR/USD: We stay bearish and look for the break below the 1.3153 recent low for further downside to the September low at 1.3104 next, followed by 1.3020/15 ‒ the 50% retracement, 78.6% retracement of the 2013/2014 uptrend and measured target from the top. While we would expect stronger support here, a direct break below can see 1.2994. Near-term resistance shows at 1.3221, through which should see a small base for a move back to 1.3261. Above 1.3298 is needed to ease ... (full story)