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Talking Points
- A Harami candle pattern with negative RSI divergence hint at a turn lower ahead
- Breaking support at 141.12 (14.6% Fib ret.) initially exposes 140.07 (23.6% Fib)
- Near-term resistance is at 142.81, the December 13 swing high
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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