Filed Under:
Forex pairs in this Article » EUR/USD
To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Negative RSI divergence below resistance at 1.3534 (61.8% Fib) warns of weakness
  • Near-term support is in the 1.3416-52 area (June 19 high, 50% Fib)
  • A break lower exposes 1.3370 (38.2% Fib); above resistance eyes 1.3636 (76.4% Fib)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_eur-usd_body_Picture_3.png, EUR/USD Technical Analysis – Euro Set to Turn Lower?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
comments powered by Disqus
Trading Center