Citi Research discusses the technical outlook for EUR/USD and AUD/USD, expecting the 2 pairs to continue range-trading in the near-term.

"EUR/USD may range trade between 1.1679 (fibo 0.764) – 1.2092 (Sep top), with next support at 1.1495 (Oct 2015 top)…

AUD/USD downside may be limited. The pair may range trade between 0.7529-0.7897 in the short term," Citi projects.

Source: Citi ResearchOriginal Article