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After testing the support line numerous times, LTCAUD is once again approaching this line. Can we expect a bearish trend to follow?

Emerging Channel Down detected on LTCAUD – the pattern is an emerging one and has not yet broken through resistance, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 132.12 and it is expected to move to 130.5119.

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

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