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Tech Setups For EUR/USD, GBP/USD, AUD/USD, USD/CAD - Barclays
The following are the latest technical setups for EUR/USD, GBP/USD, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and look for a break below our initial downside targets near 1.1085 to confirm downside traction. Our next targets are towards the 1.1000/20 area and further out towards 1.0810. GBP/USD: We are neutral. The breach of support near 1.5160 range lows questions our expectations of a base. Closing below 1.5160 would encourage us to assume a more bearish view towards the 1.5085 and then the 1.4850 area. AUD/USD: No change. We are overall bearish and ... (full story)
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