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Talking Points
- Prices are testing support at 0.8202 (61.8% Fib exp.)
- A close below this barrier exposes 0.8168 (76.4% Fib exp.)
- Near-term resistance is at 0.8230 (50% Fib exp., Jan 9 low)
Confirm your chart-based trade setups with the Technical Analyzer.
![dailyclassics_eur-chf_body_Picture_8.png, Forex: EUR/GBP Technical Analysis – 0.82 Figure Under Pressure](http://media.dailyfx.com/illustrations/2014/01/22/dailyclassics_eur-chf_body_Picture_8.png)
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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