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Technical Setups For EUR/USD, GBP/USD, AUD/USD, USD/CAD - Credit Suisse
The following are the latest technical setups for EUR/USD, GBP/USD, AUD/USD, and USD/CAD as provided by the technical strategy team at Credit Suisse. EUR/USD: We stay bearish for 1.3295, followed by 1.3248/28. With prices still capped below the price and 38.2% retracement resistance at 1.3445/55, the immediate risk stays downside targeting the recent low at 1.3333 initially. Further weakness here could see a move towards the November 2013 low at 1.3295 next, ahead of our target at 1.3248/28 – the 38.2% retracement of the entire 2012/2014 uptrend. Resistance shows first at 1.3486, but only above the ... (full story)
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