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Talking Points
- Prices moved higher as expected, completing a Triangle chart formation
- A close above 1.1136 (100% Fib exp.) exposes 1.1267 (123.6% Fib exp.)
- Below support at 1.1005 (76.4% Fib exp.) aims for 1.0924 (61.8% 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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