To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices continue to consolidate above trend line support set from June (97.34)
- A break downward exposes swing lows at 96.93 and 96.55
- Resistance is at 98.75 (range top); a break higher targets 99.74 (trend line)
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