A Word Of Caution On EUR/USD – Goldman Sachs

The next level higher in EUR/USD is 38.2% of the drop since Jul. 1 st at 1.2959, notes Goldman Sachs. “Given the impulsive nature of the decline since May, and the likelihood that it’s now in its 4 th wave of a 5- wave sequence off the May high, it doesn’t seem too likely that the market will e…

Read the original:
A Word Of Caution On EUR/USD – Goldman Sachs