EUR/USD and USD/JPY: Barclays' short-term forecast and targets for Tuesday 28 June

As usual, you will find below another short-term update from Barclays on the EUR/USD and USD/JPY for today Tuesday, 27 June 2016:

EUR/USD: Our bearish view was encouraged by the downward close on Friday. We expect a movement towards the last dip at 1.0910 before it continues down to 1.0840. Beyond this, the pair should also hint at the 1.0710 area.

USD/ JPY: We are bearish and we are looking to sell rallies towards the previous range low at 103.55. Our targets are Friday's lows around 99.00, and then the 94.80 area.