EUR/USD Technical Analysis – Double Top Above 1.38?
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- Prices are testing resistance in the 1.3801-33 area (October closing high, 50% Fib exp.)
- A break higher targets 1.3960 (61.8% Fib exp.)
- Below support at 1.3706 (38.2% Fib exp.) targets 1.3641 (rising trend line support)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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