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After testing resistance twice in the past, USD/CHF has finally broken through. Can we expect a bullish trend to follow?

The breakout of USD/CHF through the resistance line of a Inverse Head and Shoulders could be a sign of the road ahead. If this breakout persists, we expect the price of USD/CHF to test 0.9940 within the next 18 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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We expect CL to trend downwards right now.

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Breach of support could mean a start of a bearish trend on UK100

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