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Talking Points
- Prices fell as expected after showing a Shooting Star candle
- Breaking below0.8192 (Oct 2, 30 lows) confirms a Head Shoulders top
- Above resistance at 0.8386 (23.6% Fib) targets 0.8435 (Sep 19 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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