To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- A break above 0.9077 (618% Fib ret.) has exposed 0.9143 (76.4% Fib ret.)
- Pushing further above that targets 0.9237 (rising trend line from February 2013)
- Reversing back below 0.9077 aims for 0.9024 (50% Fib retracement)
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