Wednesday, July 6, 2011

Goldman Sachs $EURUSD technical analysis

First support was $1.4442 and now can go all the way down at $1.4134. Multi-year retrace levels and oscillator setup on the monthly chart still gives a bias that some sort of topping pattern is being formed.

1 comment:

  1. I agree with that Goldman Sachs analysis. I see the EUR/USD alreasy at the 1.43 level putting a small long to see if we can get a slight retrace for now.

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