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Talking Points
- Prices are testing through support at 0.9332 (23.6% Fib) to challenge 0.9260 (38.2% Fib)
- A further break lower initially exposes 0.9202 (50% Fib expansion)
- Turning back above 0.9332 sees support-turned-resistance at 0.9434
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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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