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Talking Points
- Prices are testing falling channel resistance at 141.17
- Breaking higher initially exposes 142.53 (23.6% Fib exp.)
- Support is in the 139.12-19 area (Jan 27 low, channel support)
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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