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Talking Points
- Prices are testing support at 0.8202 (61.8% Fib exp.)
- A close below this barrier exposes 0.8168 (76.4% Fib exp.)
- Near-term resistance is at 0.8230 (50% Fib exp., Jan 9 low)
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
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