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Tech Setups For EUR/USD, USD/JPY, AUD/USD, NZD/USD - Barclays
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Resistance in the 1.1130 area provides selling interest ahead of the 1.1215 range highs. We look for a move lower towards targets near the 1.0815 range lows. A break below would open our next targets near 1.0675 ahead of the 1.0460 year-to-date lows. USD/JPY: We have pared back our short-term bearish view as buyers in the 122.90 underpin recent weakness. Risk is for a move higher towards recent range highs near 124.50. A move above there would encourage us to ... (full story)
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