To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices are testing 142.82 (50% Fib exp.); breaking higher eyes 143.86 (61.8% Fib)
- Near-term support is at 141.78 (38.2% Fibonacci expansion)
- Reversing downward aims for the 140.90 (Dec 11 low), 140.50 (23.6% 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