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Talking Points
- A bearish Dark Cloud Cover below the 0.85 figure hints at weakness ahead
- Breaking support at 0.8354 (38.2% Fib exp.) exposes 0.8320 (50% Fib exp.)
- Back above resistance at 0.8395 (23.6% Fib exp.) eyes 0.8463 (Nov 13 high)
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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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