To receive Ilya's analysis directly via email, please SIGN UP HERE
- Prices declined as expected after putting in a bearish Dark Cloud Cover candlestick pattern
- Break of support at 1.3185 (38.2% Fib) exposes 1.3103 (38.2% Fib) as the next barrier
- A turn back above 1.3286 targets falling channel support-turned-resistance, now at 1.3364
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
To contact Ilya, e-mail email@example.com. Follow Ilya on Twitter at @IlyaSpivak