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Talking Points
- A Harami candlestick pattern hints a move lower may be ahead
- Initial support is at 165.72 (38.2% Fib); below that aims for 161.92 (50% Fib)
- Near-term resistance is at 169.13, the December 3 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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