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Breach of support could mean a start of a bearish trend on ETHEUR

ETHEUR has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 11 days and suggests a possible target level to be around 3617.8433 within the next 3 days.

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