To receive Ilya's analysis directly via email, please SIGN UP HERE
- Prices are testing support at 0.8235 (23.6% Fib exp.)
- A break lower on a daily closing basis exposes 0.8191 (38.2% Fib exp.)
- Near-term resistance is at 0.8292 (falling 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