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A Triangle has formed, CHFJPY is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

Emerging Triangle detected on CHFJPY – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 173.873 and it is expected to move to 174.2166.

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After testing support twice in the past, LTCEUR has finally broken through. Can we expect a bearish trend to follow?

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