Trade Ideas For EUR/USD, AUD/USD, NZD/USD - UBS

17 March 2015, 12:35
Vasilii Apostolidi
0
129

The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, and NZD/USD.

EUR/USD jumped into the Europe and it's hard to find a reason behind it. Liquidity seems poor and we expect the wide intraday range to continue. Stay flexible, fading 60-70 pip moves in either direction with stops at 1.0495 and 1.0705.

AUD/USD: We still prefer to sell rallies to 0.7680-0.7750 with stops above 0.7810, targeting last week's lows.

NZD/USD: remains a fade on rallies to 0.7450-0.7500 with stops above 0.7620, targeting support at 0.7175.

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