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Talking Points

• Prices are edging higher after putting in a bullish Piecing Line candle pattern

• A close above 0.9391 (falling channel top) initially exposes 0.9482 (23.6% Fib exp.)

• Near-term support is at 0.9267 (November 12 low)

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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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