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Tech Setups For EUR/USD, AUD/USD, NZD/USD, USD/CAD - Barclays
The following are the latest technical setups for EUR/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was endorsed by the break below our initial targets near 1.0895. Initial targets are towards the 1.0810 range lows. A move below 1.0810 would signal longer-term weakness towards the 1.0460 year-to-date lows. AUD/USD: We have turned bearish again following Wednesday’s sell-off from 0.7225, near the 21-dma. The subsequent “tweezers top” signals lower towards the recent lows near 0.7065 and then our targets in the 0.7030. Beyond there we ... (full story)
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Tony112
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