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Talking Points
- Prices are testing through support at 0.8435 (Sep 19 high)
- A break downward exposes 0.8349 (23.6% Fib), 0.8228 (38.2% Fib)
- Near-term resistance is at 0.8544 (October 22 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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