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Talking Points
- Prices broke above 171.70 (38.2% Fib exp.), exposing 173.29 (50% Fib exp.)
- A further push above that aims for 174.88 (61.8% Fib expansion)
- Turning back below 171.70 targets 169.74 (23.6% Fib exp.)
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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