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Talking Points
- Prices broke above resistance in the 100.38-60 area (trend line from June, Sep top)
- The bulls have now exposed theJuly 8 high at 10152
- Turning back below 100.38 sees resistance-turned-support at 98.75
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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