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BCHJPY is approaching 34979.5391. We expect either a breakout through this line, or a rebound.

BCHJPY is heading towards a line of 34979.5391. If this movement continues, the price of BCHJPY could test 34979.5391 within the next 6 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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