Forex: EUR/USD Technical Analysis – Resistance Now at 1.3636
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- Prices broke resistance at 1.3534 (61.8% Fib), exposing 1.3636 (76.4% Fib)
- A further break above that aims for the 100% Fib expansion at 1.3801
- Reversing back below 1.3534 targets the 1.3416-52 area (June 19 high, 50% 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
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