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After testing 1.1141 numerous times, EUR/USD has finally broken through. Can we expect a bearish trend to follow?

The breakout of EUR/USD through the 1.1141 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of EUR/USD to test 1.1125 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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After testing the resistance line numerous times, UK100 is once again approaching this line. Can we expect a bullish trend to follow?

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We expect EURUSD to trend downwards today.

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