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Talking Points
- Prices rose as expected after showing a Doji candlestick
- Resistance is now in the 0.9172-90 area (Wedge top, trend line from Feb’12, 50% Fib)
- Break higher targets 0.9239 (61.8% Fib); support is at 0.9105 (38.2% 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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