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Talking Points
- Prices are testing resistance at 105.33 (123.6% Fib expansion)
- A break higher initially targets 105.67 (138.2% Fib exp.)
- Below support at 104.79 (100% Fib exp.) eyes 104.25 (76.4% Fib exp.)
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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