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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 Channel Down chart pattern. If this breakout holds true, we expect the price of UK100 to test 7444.5409 within the next 3 days. 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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Important price line breached by Light Sweet Crude Oil JANUARY 2020. This price has been tested numerous times before.

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