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Tech Setups For EUR/USD, USD/JPY, NZD/USD, USD/CAD - Barclays
The following are the latest technical setups for EUR/USD, USD/JPY, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Wednesday’s key reversal caps the recent uptick and helps to confirm our bearish view. We are looking for a move lower towards the 1.0810 range lows. A move below 1.0810 would signal longer-term weakness towards the 1.0460 year-to-date lows. USD/JPY: No change. Monday’s “inside day” signals a breather from recent price gains. We are overall bullish and would prefer to buy dips in range. Our initial upside targets are near the 121.75 range highs and ... (full story)
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