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Because ETHJPY formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

ETHJPY is approaching the resistance line of a Channel Up. It has touched this line numerous times in the last 11 days. If it tests this line again, it should do so in the next 3 days.

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Nikkei 225 reached 47590.0 after a 3.64% move spanning 3 days.

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