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Talking Points
- Prices are testing below support at 0.8286 (23.6% Fib exp.)
- Breaking lower initially exposes 0.8240 (horizontal pivot)
- Above 0.8332 (38.2% Fib exp.) targets 0.8369 (50% Fib exp.)
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
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