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Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
EUR/USD: Neutral: In a 1.0550/1.0750 range. We just turned neutral on EUR yesterday and there is no change to the view. The current movement is viewed as part of a consolidation phase, likely within a 1.0550/1.0750 range. GBP/USD: Neutral: Back in a 1.2300/1.2600 range. GBP has been trading in a choppy manner over the last several days and at this stage, there is no early indication that the current neutral phase is about to end soon. In other words, we continue to expect a 1.2300/1.2600 range for now AUD/USD: Neutral: Bullish if daily closing above 0.7555. Upward momentum continues to improve and AUD is currently ... (full story)