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A quick move expected on ETHUSD as it starts approaching a support line of a Falling Wedge

ETHUSD is heading towards the support line of a Falling Wedge and could reach this point within the next 11 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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We expect GBPUSD to trend upwards today with a 66.67% chance.

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