In its weekly technical charts of the week, Morgan Stanley picks EUR/USD, AUD/USD, and USD/CAD where MS outlines some important levels where traders should consider engage with these pairs and placing their stops accordingly. On EUR/USD technical setup: "Our outlook remains bearish on EUR. We believe that in the short term a 5-wave impulsive structure has formed which is correcting. We like to sell and put a stop just above the high at 1.1050 since a move above here suggests that the upside momentum in EURUSD could send it towards 1.15. 4-month," MS advises. On AUD/USD technical setup: "AUDUSD has continued to ... (full story)