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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 Falling Wedge chart pattern. If this breakout holds true, we expect the price of JPN225 to test 23458.4062 within the next 10 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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After testing support twice in the past, USD/JPY has finally broken through. Can we expect a bearish trend to follow?

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