Weekly Bars


Prepared by Jamie Saettele

This breakout should be respected as per the measured level that intersects with the top of channel resistance in July. The Fibonacci objective is 11660. This bullish breakout scenario is valid as long as price is above 8736.

DailyFX provides forex news on the economic reports and political events that influence the currency market.
Learn currency trading with a free practice account and charts from FXCM.