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Talking Points
- Prices are testing above resistance at 101.52, the July 8 swing high
- A close above resistance exposes the May 22 top at 103.73
- Below support at 100.60 (Sep 11 high) targets 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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