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Talking Points
- Prices are testing resistance at 103.05 (123.6% Fib expansion)
- A close above this barrier exposes 103.46 (138.2% Fib exp.)
- Turning back below 102.38 (100% Fib) targets 101.72 (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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