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Talking Points
- Prices are testing falling trend line resistance-turned-support at 131.86
- Break downward aims for rising channel support at 130.52
- Near-term resistance is in the 133.81-89 (channel top, May 22 high)
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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