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Tech Setups For EUR/USD, USD/JPY, AUD/USD, USD/CHF - Barclays
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, and USD/CHF, as provided by the technical strategy team at Barclays Capital. EUR/USD: We were wrong to expect selling interest near 1.1320 to cap upticks. The break above 1.1320 signals further upside towards the 1.1460 range highs. Overall our greater view is bearish against resistance in the 1.1810/75 area. USD/JPY: No change. We are overall bullish and would buy dips within range against the 118.65 lows. A move above resistance in the 121.30 area is needed to signal upside traction towards our initial targets near 121.75. Beyond there, we ... (full story)