The latest intra-day plays from UBS courtesy of our good friends at efxnews.com
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/CHF, EUR/GBP, and NZD/USD.
EUR/USD: For today we would sell rallies towards 1.0780, with a stop above 1.0800, targeting 1.0710.
USD/CHF: We think rallies towards 1.0080/1.0100 should be faded as we believe there may be a correction soon, possibly a dip towards 0.9960, where we would look to go long again.
EUR/GBP: We prefer being short the cross, with a stop above 0.7110/20.
NZD/USD: Look to fade rallies towards 0.6580, with a stop through 0.660
