To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices are probing above 0.8395 (23.6% Fib exp.) to test 0.8408 (trend line)
  • A break higher on a daily closing basis initially targets 0.8463 (Nov 13 high)
  • Turning below support at 0.8354 (38.2% Fib) exposes 0.8320 (50% Fib)

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_eur-chf_body_Picture_11.png, Forex: EUR/GBP Technical Analysis – Euro Trying to Retake 0.84

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