To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices broke above resistance at 1.0669 (100% Fibexp.), exposing 1.0729 (123.6% Fib)
- A further push above that targets 1.0766, the 132.8% Fib expansion
- Turning back below 1.0669 eyes 1.0609 (76.4% Fib exp.)
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