(MENAFN- DailyFX)
To receive Ilya's analysis directly via email, please SIGN UP HERE
Talking Points
-
Prices pulled back as expected after showing a Spinning Top candlestick
-
A recovery is being attempted, with buyers seeing initial resistance at 0.8385 (23.6% Fib)
-
Near-term support is at 0.8216, the September 25 low
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
original source
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.