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Tech Setups For EUR/USD, USD/JPY, GBP/USD, USD/CAD - Barclays

From efxnews.com

The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: The break above initial resistance in the 1.1050 area signals a stronger than originally anticipated pullback. We are overall bearish against the 1.1215 range highs and look for a move lower towards 1.0815 and then 1.0675 ahead of the 1.0460 year-to-date lows. USD/JPY: Safe-haven flow has encouraged us to turn bearish in the short term. We are looking for a move lower in range towards 122.00 where we would then look for signs of a base. The 120.40 lows are ... (full story)

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