It seems that interbank analysts are now trying to outdo themselves as to how low EUR/USD will go. I didn’t see any of these calls when EUR/USD was at 1.45 a few short weeks ago. If all of these guys agree that it’s now going down, then a major base has probably been reached and we’ll be at 1.60 by Christmas
Anyways, the downside targets are now 1.3125, 1.3000 and 1.2850.
