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A final push expected on Jpmorgan Chase & Co. as it starts approaching a price line of 119.56.

Jpmorgan Chase & Co. is heading towards a price line of 119.56 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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We expect a 0 pip movement on 6A within 4 hours following the event release.

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We expect CC to trend upwards today.

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