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Talking Points
- Prices are testing above resistance at 1.6259, the Oct 1 high
- A close above resistance initially exposes 1.6340 (trend line from July)
- Back below 1.6259 targets a resistance-turned-support shelf at 1.6131
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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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