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#1 25-10-2017 10:49:06

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD: the price threshold to watch out for according to G. Sachs

EUR/USD: the price threshold to watch out for according to Goldman Sachs


http://www.forex-central.net/forum/userimages/GoldmanSachs.jpg


Goldman Sachs identifies the key support zone to watch for on the EUR/USD to relaunch the bearish correction on the forex.

"The threshold to monitor on the EUR/USD is 1.1670/1.1664.

A break below 1.1670/1.1664 is needed to launch a bearish extension to 1.1458/1.1423, the target of an ABC figure from the highs.

A break above 1.1931 would call into question this bearish pattern."


"Anything worth having is worth going for - all the way." - J.R. Ewing

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