Fade USD/JPY Upticks, Sell EUR/AUD & EUR/NZD - Barclays

Fade USD/JPY Upticks, Sell EUR/AUD & EUR/NZD - Barclays

24 June 2016, 12:01
Vasilii Apostolidi
0
47

USD/JPY: We prefer to fade upticks towards the 106.25 area and look for a move below 103.55 to encourage our bearish view. Our targets are towards support near 102.10 and then the 100.70 area.

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EUR/AUD: We prefer to express AUD strength against EUR. The move below daily cloud support near 1.5020 points towards our targets near 1.4900 and then the 1.4700 area.

EUR/NZD: We are also bearish EURNZD. Our targets are towards 1.5500 and then 1.4915.

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