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Bulls aim for 31.6035 after the Silver Spot triggered a bearish formation on the 1 hour chart

You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 31.6035 but consider reducing the size of your position as the price gets closer to that target.

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Important support line being approached by CHFJPY. This price has been tested numerous time in the last 7 days

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