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After testing support twice in the past, UK100 has finally broken through. Can we expect a bearish trend to follow?

The breakout of UK100 through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of UK100 to test 7189.9554 within the next 4 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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US30 is quickly approaching the support line of a Channel Up. We expect either a breakout through this line or a rebound.

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GBP/CHF Target Level: 1.2429

GBP/CHF Target Level: 1.2429

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