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Talking Points
- We continue tohold short after prices broke support at 0.8358 (38.2% Fib)
- Sellers now aim to challenge 0.8322 (50% Fib); below that targets 0.8287 (61.8% Fib)
- Back above 0.8358 targets resistance at 0.8401 (23.6% Fib, falling channel top)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
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