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Talking Points
- Prices broke resistance at 0.8355 (76.4% Fib exp.), exposing 0.8402 (100% Fib exp.)
- A further push higher beyond that aims for 0.8450 (123.6% Fib exp.)
- Turning back below 0.8355 targets 0.8326 (61.8% 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
Contact and follow Ilya on Twitter: @IlyaSpivak
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