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Talking Points
- Prices broke the to of a Triangle chart pattern, hinting at uptrend continuation
- Daily close above 132.77 (61.8% Fib expansion) has exposed 133.91 (76.4% Fib)
- A turn back below 132.77 aims for the 131.85-96 area (Triangle top, 50% 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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