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Setups: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CAD - Barclays
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below our initial downside targets near 1.1145 would encourage our bearish view. Our next targets are in the 1.1055 area. USD/JPY: We are bearish and prefer to fade upticks towards resistance near 113.10. The greater range highs near 114.90 help to keep our overall view bearish. Targets are towards the 110.65 lows and then the 110.35/05 area. GBP/USD: We look for a break below our initial downside targets near 1.4050 to confirm ... (full story)
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