Prices are inching lower toward support at 0.9268, with a break below that targeting a falling trend line at 0.9193. Near-term resistance is at 0.9382, the December 7 swing top. A push above that targets the November 13 high at 0.9512.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
To contact Ilya, e-mail email@example.com. Follow Ilya on Twitter at @IlyaSpivak
To be added to Ilya's e-mail distribution list, please CLICK HERE