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Talking Points
- Prices are testing resistance in the 0.8382-0.8435area (Sep 18-19 highs)
- A break higher initially exposes 0.8543 (October 22 high)
- Below trend line resistance-turned-support (0.8317) eyes 0.8214 (23.6% Fib ret.)
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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