EUR/USD: Range trading is likely to continue; fade a 40-50 pip move in either direction with a close stops. Buyers will be seen on any move below 1.3150 and sellers will be lined up above 1.3250.
USD/JPY: The pair should remain heavy. Sell rallies to 103.80-104.00 with stops above 104.10, targeting 103.20-30 to turn medium-term long.
GBP/USD: The pair should hold between 1.6540 and 1.6650. Play that range accordingly.
AUD/USD: Be cautious of getting to bullish given the ongoing geopolitical tensions. We prefer to fade this rally from to 0.9400 with stops above 0.9430, targeting 0.9240.
USD/CAD: Be cautious of getting fresh long; the pair has more downside below 1.0850.
UBS