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Talking Points
- Prices are pulling back to support at 157.06 (23.6% Fib)
- A break below that targets 155.25 (38.2% Fib)
- Near-term resistance is at 159.98 (Sep 19 high)
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
Contact and follow Ilya on Twitter: @IlyaSpivak
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