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The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD.
EUR/USD: There was a quick squeeze through 1.1000 this morning on what seemed to be the cleaning out of some short-term positions. We prefer playing the short side, planning to add around this morning's high, with a stop at 1.1055.
USD/JPY: We expected there would be more room to the downside afterr the BoJ Click Source URL