To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices are testing above resistance at 156.57 (50% Fib expansion)
- Break higher on a daily closing basis initially exposes 158.80 (61.8% Fib)
- Near-term support at 154.33, the 38.2% expansion
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
To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak
New to FX? Watch this Video. For live market updates, visit the Real Time News Feed