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Talking Points
- Prices broke resistance at 143.72 (23.6% Fib exp.), exposing 145.41 (38.2% Fib)
- A further break above that aims for 146.78 (50% Fibonacci expansion)
- Support is at 143.72 (23.6% Fib); below that eyes 142.67 (14.6% Fib exp.)
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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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