Goldman Sachs EUR/USD technical analysis chart - targets

Elliot wave analysis on the euro against the US dollar from GS

Next in focus 1.1773-1.1784.

• The market is in wave 3 of a 5-wave advance since January. This is naturally the sharpest/ steepest phase of any cycle.
• The target area to watch is 1.1773-1.1784. This includes a 2.618 extension for wave 3 from January and a 1.618 target for wave v of 3 from March.
• It's also near where the 200-wma is headed (now at 1.798). All in all, an important place to watch for a stall in trend.

What say the ForexLive Elliot Wave technical analysis people on Goldman Sachs take on the euro?