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Talking Points
- Prices are testing support at 0.8148 (61.8% Fib exp.)
- Breaking lower initially exposes 0.8081 (76.4% Fib exp.)
- Above 0.8202-09 (channel bottom, 50% Fib exp.) targets 0.8276 (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
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