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BCHUSD – breach of a trending support line that has been tested at least twice before.

BCHUSD has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 7 days and suggests a possible target level to be around 267.2102 within the next 2 days.

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After testing 7068.0000 numerous times, FRA40 is once again approaching this price point. Can we expect a bullish trend to follow?

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