For EUR/USD, USD/JPY, USD/CHF, GBP/USD, NZD/USD - Barclays

The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, GBP/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital.

EUR/USD: Our bearish view was encouraged by the break below initial targets near 1.0660. Our next targets are towards 1.0520 and then the 1.0460 year-to-date lows.

USD/JPY: Yesterday’s positive close endorsed Monday’s bullish key reversal and helps keep us bullish. A move above resistance in the 123.60/80 area would signal higher towards our targets near the 125.30/125.85 highs.

GBP/USD: No change. click Source