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Big movement expected on EUSTX50 after a breach of 4016.0000

EUSTX50 has broken through a line of 4016.0000 and suggests a possible movement to 4067.8000 within the next 7 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.

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