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A final push possible on UK100 as it starts approaching a price line of 7254.0000.

UK100 is heading towards 7254.0000 and could reach this point within the next 7 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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After experiencing a 7.88% bullish move in the space of 42 days, nobody knows where USD/CHF is headed.

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