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Talking Points
- Prices broke resistance at a falling trend line set from early June
- Above rising channel resistance at 1.0546 exposes a double top at 1.0570
- Back under the trend line (1.0492) targets horizontal support at 1.0417
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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