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Big movement expected on UK100 after a breach of the support

UK100 has broken through a support line of a Descending Triangle and suggests a possible movement to 6207.5821 within the next 3 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 14 days.

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After testing support twice in the past, Soybeans JANUARY 2021 has finally broken through. Can we expect a bearish trend to follow?

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We expect YM to trend downwards today.

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