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Talking Points
- Prices are testing resistance in the 0.8435-65 area (Sep 19 high, 38.2% Fib)
- A break higher initially exposes 0.8550 (50% Fib)
- Near-term support is at 0.8361 (23.6% Fib)
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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