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A possible move on ETHUSD as it heads towards resistance

ETHUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If ETHUSD continues in its current trajectory, we could see it reach 4384.6887 within the next 2 days.

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Nikkei 225 is approaching 43011.0000. We expect either a breakout through this line, or a rebound.

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