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Majors in a technical snapshot - RBS

FXStreet (Guatemala) - Dmytro Bondar, technical analyst at RBS offered a technical snapshot of the majors.

Key Quotes:

"EUR/USD: 1.063 target met, but downtrend remains in place: 1.0245 on to 0.9860 attract."

"GBP/USD: Near-term may see further downside, with recovery looming thereafter."

"EUR/GBP: Recovery back to the channel looms with further downside to 0.6885 on the table."

"USD/JPY: 122.00 resistance may see a correction, but 124.00 and above targets remain."

The Canadian dollar has trimmed the initial pullback vs. its neighbour on Tuesday, now sending USD/CAD to the area of 1.2770.

The Canadian dollar has trimmed the initial pullback vs. its neighbour on Tuesday, now sending USD/CAD to the area of 1.2770...
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