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Talking Points
- Prices narrowly broke above resistance at the 99.00 figure, the Oct 17 high
- Bulls now aim to challenge the underside of a rising trend line set from June (99.92)
- A turn back below 99.00 sees minor trend line support at 97.72
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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