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Talking Points
- Prices are testing resistance at 100.09 (trend line support-turned-resistance from June)
- A break higher clears the way for a test of swing highs at 100.60 and 101.52
- Reversing back below support at 98.75 targets a minor rising trend line at 97.88
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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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