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Talking Points
- Prices broke resistance at 162.37 (61.8% Fib exp.), exposing 164.18 (76.4% Fib)
- A further break higher targets 167.10 (100% Fib expansion)
- Reversing back below 162.37 aims for 160.90 (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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