EUR

Here is that Goldman prediction in writing:

"We realise that this will be a controversial view given the real and ongoing issues around sovereign risk and the European outlook. While we do see sustainable Dollar strength in the more distant future, we think the short-term pressures are likely to reverse."

http://www.zerohedge.com/article/goldman-tells-clients-go-long-euro-145-three-month-forecast-135-stop

euro is going down down down down down, downnnnnnnnn

Hi Folks !

Price bounced off the 62% Fib ratio near 1.3750.
I'm waiting for a rising volume => Selling climax bar
to go long .

Regards

Bernhard

Hi Folks !

If EUR is breaking 1.3750 resistance level next target is near 1.3800
where some option barriers are sitting..

Kind regards

Bernhard

What's currently not in the cards might be that the ECB will hike before the FED. Actually I think that this will happen. The ECB was always more hawkish in the past as the markets thought about them.