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Breach of resistance could mean a start of a bullish trend on JPN225

JPN225 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of JPN225 to test 22825.5608 within the next 6 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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We expect USDJPY to trend downwards right now.

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