The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capital.
EUR/USD: We are bearish against resistance in the 1.1130 area and look for a move towards our initial targets near the 1.0810 range lows. Below 1.0810 would signal lower towards our next targets near 1.0675 and then the 1.0460 year-to-date lows.
EURUSD daily
USD/JPY: We are bullish and look for a move higher towards targets near the 125.85 year-to-date highs. A break above would signal higher towards greater targets in the 132.20 area.
AUD/USD: No change. Selling interest near 0.7450/0.7500 is expected to cap upticks and helps keep us bearish for a move towards the 0.7235 lows. Our targets are near 0.7100.
NZD/USD: We are bearish and would use upticks as an opportunity to sell at better levels. Resistance near 0.6775 helps keep our focus lower towards targets in the 0.6400 area.
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