By To receive Ilya's analysis directly via email, please SIGN UP HERE
Talking Points
- Prices moved higher as expected, completing a Triangle chart formation
- A Shooting Star candle hints a pullback may be ahead; support is at 1.0910 (100% Fib)
- Breaking lower exposes 1.0834 (76.4% Fib); resistance is at 1.0986 (123.6% 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? START HERE
For live market updates, visit the Real Time News Feed
original source
