While the macro strategy teams at Goldman Sachs, and SocGen are structurally bearish on EUR/USD, their technical teams have different views at current levels. Staring with GS, they note that EUR/USD daily oscillators are midway through their range now and giving very little in terms of signal. Thus, while GS thinks that everything since the March low looks as it's part of a broader corrective process with the downtrend from July is up at 1.1236, the pair has also broken lower from the wedge pattern and satisfied (even exceeded) the wedge target at 1.1046. "Put simply, it’s difficult to have a strong view here given ... (full story)