Beware of robber banks (RB), bad advisors.
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Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
EUR/USD: Neutral: Odds for a move above 1.0870/75 are not high. The 1.0825/30 level that we have talked about since Thursday was finally met with an overnight high of 1.0825. Shorter-term upward momentum is slowing down and while a move above 1.0825/30 would not be surprising, the odds for a break above last December high of 1.0870/75 are not high. Support is at 1.0745 but only a move back below 1.0715 would indicate that a short-term top is in place. GBP/USD: Bullish: To take half-profit at 1.2545/50.* GBP hit an overnight high of 1.2507 before closing on a strong note. The bullish phase that started on Monday is ... (full story)