Technical snapshot on majors, dollar unwinds - RBS

FXStreet (Barcelona) - Analysts at RBS gave us four majors in a technical snapshot while the dollar has ben left for dust across the board.

Key Quotes:

“EUR/USD: Support is broken, but a bounce is likely in the near term amid candlesticks and RSI”.

“GBP/USD: Daily Piercing pattern and 1.5960 support favour upside for the week ahead”.

“EUR/GBP: 0.777 support may see a reversal, confirmation required”.

“USD/JPY: 109.30 target reached, pull-backs from 109.88 attract buying for 112.00/60”.