To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices broke resistance in the 1.0570-71 area (double top, 61.8% Fib exp.)
- A close above 1.0609 (76.4% Fib exp.) exposes 1.0669 (100% Fibexp.)
- A turn back below 1.0570 aims for 1.0541 (50 % Fib 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
Contact and follow Ilya on Twitter: @IlyaSpivak
New to FX? START HERE
For live market updates, visit the Real Time News Feed