Key Majors in a technical snapshot - RBS

FXStreet (Guatemala) - Analysts at RBS gave a snapshot technical analyses of four of the majors.

Key Quotes:

"EUR/USD: Near-term may see a sideway theme within 1.12 – 1.16; long-term bear risks intact."

"GBP/USD: A new support gained at 1.5198, further recovery to 1.5424/1.5606 on the table."

"<a href="http://www.fxstreet.com/technical-studies/currencies/eurgbp/">EUR/GBP: A major support of 0.7390 comes under pressure: a break opens 0.7152."

"USD/JPY: Uptrend formation confirmed, 124 and higher targets attract amid bullish flag."

EUR/USD still a sell on strength – RBS

Technical Analyst Dmytro Bondar at RBS sees the likeliness of the pair to remain range-bound in the near term...
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EUR/CHF consolidates below 1.0500

EUR/CHF continues zigzagging below the 1.0500 level on Tuesday, having recovered from a daily low of 1.0432 to trade slightly higher on the day at the upper 1.04’s zone.
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