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Talking Points
- Prices are testing through support at 0.9145 (61.8% Fib expansion)
- Breaking lower on a daily closing basis exposes 0.9073 (76.4% Fib exp.)
- Resistance is at 0.9202 (50% Fib); above that targets 0.9260 (23.6% Fib)
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Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
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