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Talking Points
- Prices broke support at 0.8991 (38.2% Fib expansion), exposing 0.8934 (50% Fib)
- Continued selling below support targets 0.8876 (61.8% Fib)
- Back above 0.8991 eyes the 23.6% level at 0.9062
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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