The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, and AUD/USD.
EUR/USD: sold off on Friday despite all the talk of month-end USD selling. We prefer playing the short side and would look to get involved above 1.1050, with resistance at 1.1070, planning to add ahead of 1.1090 with a stop above the 200-day moving average at 1.1111.
First target on the downside is the Friday low of 1.0987, followed by 1.0950. click Source URL
