Today is Sun, November 19, 2017 12:24:39 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook
Contributors Chart of the Day for August 9th, 2013 – EUR/USD

By Ilya Spivak

Prices are testing resistance at 1.5576, the 76.4% Fibonacci expansion, a barrier reinforced by a falling trend line set from mid-December 2012 (now at 1.5550). A break above this targets the 100% level at 1.5722. Near-term support is at 1.5485, the 61.8% Fib, with a reversal beneath that eyeing the 50% expansion at 1.5412.

Screen shot 2013-08-09 at 9.16.37 AM

Recent posts by DailyFX