To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices are probing below support at 0.9073 (76.4% Fib expansion)
- A break on a daily closing basis exposes the 0.90 figure, 0.8958 (100% Fib)
- Turning above resistance at 0.9145 (61.8% Fib exp.) targets 0.9202 (50% Fib)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
New to FX? START HERE
For live market updates, visit the Real Time News Feed