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Talking Points
- Prices broke support at 0.9145 (61.8% Fib exp.), exposing 0.9073 (76.4% Fib exp.)
- A further break downward aims for the 0.90 figure, 0.8958 (100% Fib expansion)
- Reversing back above 0.9145 targets 0.9202 (50% Fib exp.)
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
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