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Breach of support could mean a start of a bearish trend on USD/JPY

USD/JPY has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 134.4160 within the next 10 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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We expect EURUSD to trend downwards today with a 80% chance.

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After experiencing a 5.55% bullish move in the space of 36 days, nobody knows where UK100 is headed.

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