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Breach of resistance could mean a start of a bullish trend on UK100

UK100 has broken through a resistance line of a Flag chart pattern. If this breakout holds true, we expect the price of UK100 to test 7377.1363 within the next 8 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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CAD/CHF Target Level: 0.7571

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