GOLDMAN SACHS - Follow Up - Target Remains @ $190

Key Takeaways

• Broke below 200SMA and Ascending Trendline on Daily Timeframe
  
• Trending below 50 with RSI
  
• $200 could support price action
  

Trade Idea
Short Target remains @ $190. A break below the $200 psychological support will provide an opporunity to add additional short positions to this trade setup

Regards,
Michael Harding

RISK DISCLAIMER
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.