English
Français
Deutsch
Español
日本語
ελληνικά
العربية
中文
Dansk
Prices are testing above resistance is at 82.61, the 100%Fibonacci expansion. A confirmed break higher on a close above this boundary targets the 123.6% level at 84.33. Pending a completed breakout, near-term support remains at 81.78, the 76.4% expansion. A drop below that eyes the 61.8% mark at 81.26.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak
To be added to Ilya's e-mail distribution list, please CLICK HERE
New to FX? Watch this Video. For live market updates, visit the Real Time News Feed
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.
