Goldman Sachs FX Spot Desk Strategies

OVERVIEW => USD makes gains across the G10 FX board with NZD the only currency pair to keep gains versus the USD. Attention today is focused on the UK CPI, where we think there’s marginal risks to the downside. Positioning in G10 remains very light.  
{EU} EURUSD Neutral => Look for resistance towards 1.1125/30 and support levels at 1.1050 and 1.0980 afterwards.  
{JN} USDJPY Neutral => Levels for the session are 125.28 and 125.86 as resistance and 123.80 on the downside. 
{GB} GBPUSD Neutral => We sit on side lines with support levels at 1.5535 and 1.5460 and 1.5690/1.5700 as resistance. EURGBP 0.7060/80 – 0.7169 (100dma).  
{NZ} NZDUSD Neutral => Key levels for the session: Resistance at 0.6650 and support at 0.6468. 
{AU} AUDUSD Neutral => Levels for the session: 0.7440/50 resistance with 0.7300 as support on the downside. 
{CA} USDCAD Neutral => Technical levels for the session: support levels at 1.3000 and 1.2990 below, with 1.3213 as resistance. 
{SZ} USDCHF Neutral => Key technical levels for the session: Support at 0.9678 and resistance above lies at 0.9800 and 0.9903.

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