0904 GMT [Dow Jones]--Price action in a number of currency pairs post-ECB has led Barclays to adjust its generally positive outlook for the USD. In EUR/USD, the close back above the 200-day moving average at 1.3650 turns the bank neutral from bearish short-term, but it would look to sell in the 1.3740 area. In USD/JPY, the bearish engulfing pattern forced the bank to abandon its short-term bullish view in favor of a pullback to 102.10 and 101.50. For GBP/USD, Barclays is clinging to a bearish view and will fade strength toward 1.6850, looking for a move back down to 1.6680. In AUD/USD, the break above 0.9330 should target 0.9375 and the lower-range highs of 0.9410 and 0.9465. (gary.stride@wsj.com)
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(END) Dow Jones Newswires
June 06, 2014 05:04 ET (09:04 GMT)
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