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Talking Points
- Prices fell as expected, expanding a Harami candle pattern into an Evening Star setup
- Near-term support is at 1.3660 (23.6% Fib); break below that targets 1.3553 (38.2% Fib)
- Resistance is in the 1.3831-61 area (October 25 high, Rising Channel top)
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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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