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Talking Points
- Prices are testing 141.78 (38.2% Fib exp.); breaking higher eyes 142.82 (50% Fib)
- Near-term support is at 140.50 (23.6% Fibonacci expansion)
- Reversing downward aims for the 140.00 figure, 138.42 (Dec 4 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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