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Talking Points
- Prices are testing support in the 0.8309-49 area (23.6% Fib, rising channel support)
- A break lower exposes 0.8228 (38.2% Fib)
- Near-term resistance is at 0.8435 (Sep 19 high)
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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