GS: G10 FX – London Spot Trader Views

From the FXWW Chatroom – Equity is trading softer and EURUSD has retraced almost all of its Fed gains. Japan is closed for 3 days while on the US side we have Lockhart’s speech and Existing Home Sales. We remain negative on AUD, NZD, and CAD and long GBP vs EUR. 
{AU} AUDUSD Lower => Given the risk backdrop and what we believe to be only a temporary bounce in commodities, we favour fading rallies. Levels: 0.7130 support with 0.7280 resistance topside. 
{GB} GBPUSD Neutral => We favor SHORT EURGBP. Levels: 1.5515 and 1.5480 the supports in Cable, last weeks highs of 1.5659 as resistance. EURGBP 0.7240 – 0.7441. 
  {CA} USDCAD Higher => Key levels: resistance at 1.3250 and then 1.3310 above while 1.3073 holds as support. 
  NZ} NZDUSD Lower => Key levels: support at 0.6312/00 and resistance at 0.6450. 
   {EU} EURUSD Neutral => Key levels: 1.1375 on the topside while 1.1260/15 holds on the downside. 
{JN} USDJPY Neutral => Key levels for the session: support at 119.40 with 118.50/80 below and resistance at 121.20/30 with 121.80 above. 
  {SZ} USDCHF Neutral => Key technical levels for the session: Support at 0.9569 and resistance lies at 0.9725 

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