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Talking Points
- Prices are testing resistance at 1.3679 (38.2% Fib expansion)
- Negative RSI divergence warns a move lower may be ahead
- Initial support at 1.3600 (23.6% Fib); below that eyes 1.3472 (Oct 16 low)
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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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