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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)
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Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
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