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After testing 107.4500 numerous times, LTCAUD has finally broken through. Can we expect a bearish trend to follow?

LTCAUD has broken through a support line. It has touched this line numerous times in the last 9 days. This breakout shows a potential move to 104.5710 within the next 3 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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