While EURUSD eased back from last week’s high, the immediate focus remains still on resistance next at 1.1250, above which can aim at the falling trendline from May at 1.1276/84. Strong selling is expected to emerge here again, but a direct topside break can see a move to the September 2016 peak and trendline resistance at 1.1327/28. Support shows initially at 1.1203/00, with 1.1160/53 needing to hold to keep the trend still higher. Below 1.1153 can see a deeper fall to the 1.1123 price lows where fresh buying is expected to show. CS runs a long EUR/USD from 1.1160 targeting 1.1280. GBPUSD starts the week off in full ... (full story)