To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
- Prices recoiled from resistance at 0.8320 (14.6% Fib) to test 0.8216 (Sep 25 low)
- A break lower targets range top resistance-turned-support at 0.8096
- Reversing back above 0.8320 initially exposes 0.8385 (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
Contact and follow Ilya on Twitter: @IlyaSpivak
New to FX? Watch this Video
For live market updates, visit the Real Time News Feed