To receive Ilya's analysis directly via email, please SIGN UP HERE
Talking Points
- Prices broke resistance at 158.80 (61.8% Fib), exposing the 76.4% level at 161.57
- The 160.00 figure has emerged as interim resistance, with prices back below support
- A daily close underneath 158.80 aims for 156.57 (50% 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
Contact and follow Ilya on Twitter: @IlyaSpivak
New to FX? Watch this Video
For live market updates, visit the Real Time News Feed
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.
