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Tech Targets: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD - UOB
EUR/USD: Bearish: Target 1.0950. We just turned bearish EUR yesterday and there is no change to the view. The immediate target is at 1.0950 followed closely by the 1.0910 low seen on the day of Brexit. USD/JPY: Bullish: To take partial profit at 105.00. We are still uncomfortable with the technical signals and those who are long (bullish phase started last week) should look to take at least partial profit at 105.00. Stop-loss should be placed at 102.70 even though the move back below 103.80 is an early indication that a short-term top is imminent. GBP/USD: Bearish: Next support at 1.1500. There is no change to the ... (full story)
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