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After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?

The movement of Silver Spot towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 19 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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We expect NZDUSD to trend upwards today with a 81.82% chance.

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