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Talking Points

• Prices are testing above 137.71 (76.4% Fibonacci expansion)

• A break higher exposes 138.82 (100% Fib exp.)

• Below support at 137.02 (61.8% Fib) eyes 136.46 (50% 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

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