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Talking Points
- Prices broke below support at 0.8287 (61.8% Fib expansion)
- Sellers now eye 0.8245 (76.4% Fib); below that exposes 0.8178 (100% Fib)
- Reversing back above 0.8287 targets 0.8320 (50% Fib, falling channel top)
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Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
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