To receive Ilya's analysis directly via email, please SIGN UP HERE
- A Dark Cloud Cover candlestick pattern hints a move lower is ahead
- Initial support at 0.9312 (23.6% Fib exp.); a break below that targets 0.9224 (38.2% Fib)
- Near-term resistance is at 0.9455, the September 6 swing high
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
To contact Ilya, e-mail email@example.com. Follow Ilya on Twitter at @IlyaSpivak
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.