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Big movement possible on LTCUSD after a breach of 112.9000

LTCUSD has broken through a line of 112.9000 and suggests a possible movement to 109.4850 within the next 11 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.

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