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After testing 15727.5898 numerous times, BCHJPY is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of BCHJPY towards 15727.5898 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Breach of 135.5970 could mean a start of a bullish trend on USD/JPY

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