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Talking Points
- Prices broke resistance at 0.8465 (38.2% Fib), exposing 0.8549 (50% Fib)
- Negative RSI divergence warns of fading bullish momentum
- Daily close back below 0.8465 aims for 0.8360 (23.6% Fib)
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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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