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Talking Points
- A Shooting Star candle following last week’s surge hints at indecision
- Turning lower from here targets 1.6073 (trend line from Jul 9 low), 1.60 figure
- Negative RSI divergence warns of losses; we continue to hold short
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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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