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Important price line being approached by BCHUSD. This price has been tested numerous times before.

BCHUSD is moving towards a line of 140.1800 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If BCHUSD continues in its current trajectory, we may see it move towards 140.1800 within the next 9 hours.

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We expect NIY to trend downwards right now.

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