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Talking Points
- Prices moved lower as expected and we are holding a short position
- Breaking below 1.3526 (50% Fib exp.) exposes 1.3485 (61.8% Fib exp.)
- Above 1.3566 (38.2% Fib exp.) aims for 1.3617 (23.6% 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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