Societe Generale Cross Asset Strategy Research summarizes EUR/USD and AUD/USD outlook in the very near-term.
For EUR/USD, SocGen thinks that if the pair remains firmly in 1.17-1.19 range, this could see a test of the top soon.
On AUD/USD, SocGen notes that Australian jobs data were strong and have helped propelling the pair to a trust of the 200-day moving average at 0.7690, which remains a key to break for further follow-through upside.
Source: Societe Generale Cross Asset ResearchOriginal Article