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Talking Points
- Prices are testing support at 142.26 (23.6% Fibonacci expansion)
- Breaking lower initially exposes 140.15 (38.2% Fib exp.)
- Reversing above 144.10 (trend line) targets 145.68 (December 27 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
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