To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices broke resistance at 169.26 (23.6% Fib exp.), exposing 171.36 (38.2% Fib exp.)
- A further push beyond that aims for 173.07 (50% Fib expansion)
- Reversing back below 169.26 targets 165.72 (23.6% Fib retracement)
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