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Talking Points
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Prices bounced from support at 131.26, overturning last week’s Wedge breakout
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A break above resistance at 133.91 (61.8% Fib exp.) would expose 134.55 (76.4% Fib)
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Support is at 133.39 (50% Fib); a turn below that targets 132.88 (38.2% Fib)
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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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