To receive Ilya’s analysis directly via email, please SIGN UP HERE
Talking Points
We continue tohold short as prices flirt with support in the 0.8397-0.8409 area
A daily close below 0.8397 initially targets 0.8352 (Sep 18 low)
Resistance is at 0.8450 (23.6% Fib); a break above that eyes 0.8511 (38.2% 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
New to FX? Watch this Video
For live market updates, visit the Real Time News Feed
Forex: EUR/GBP Technical Analysis ? Support Holding at 0.84
No comments:
Post a Comment