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Talking Points
- Prices are edging higher after putting in a bullish Piecing Line candle pattern
- A close above 0.9391 (falling channel top) initially exposes 0.9482 (23.6% Fib exp.)
- Near-term support is at 0.9267 (November 12 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
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