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Talking Points
- Prices are testing below a rising trend line set from mid-June (98.26)
- Daily close below this barrier initially targets 96.28 (trend line from February)
- Downward-sloping resistance is at 98.75; above that eyes 100.60 (Sep 11 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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