To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices are testing resistance in the 135.31-58 (double top, 100% Fib exp.)
- A break higher on daily closing basis exposes targets 136.61 (123.6 % Fib)
- Support is at 134.55 (76.4% Fib); below that aims for 133.91 (61.8% 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