Forex: EUR/USD Technical Analysis – 1.37 Figure Capping Upside
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- Prices fell as expected and we’re short; a Shooting Star hints at bearish resumption
- Closing below 1.3654 (38.2% Fib ret.) targets 1.3598 (23.6% Fib ret.)
- Reversing above 1.3700 (50% Fib ret.) initially exposes 1.3745 (61.8% Fib ret.)
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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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