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Talking Points
- Prices are testing the 10509–37 area (falling channel top resistance-turned-support)
- A break lower initially targets 10492, November 6 low
- Above resistance at 10653 (23.6% Fib exp.) exposes 10839 (38.2% Fib exp.)
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Daily Chart – Created Using FXCM Marketscope 2.0
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— Written by Ilya Spivak, Currency Strategist for DailyFX.com
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