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Big movement expected on US30 after a breach of the support

US30 has broken through a support line of a Rising Wedge and suggests a possible movement to 31143.0340 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 16 days.

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