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

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

EUR/USD: We are struggling to get bullish at these levels, but the pair has broken some decent resistance and there will be very good support now ahead of 1.1000.

USD/JPY: Risk remains the main driver of price action. Look to sell rallies to 115.30/50, with a stop above 116.25. 

AUD/USD: We are biased to buy AUDUSD on dips towards yesterday's low. 

NZD/USD: We are biased to buy NZDUSD on dips to yesterday's low. 

USD/CAD: we think there is an opportunity to sell the pair close to 1.3950/1.4000.

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