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Big movement possible on LTCUSD after a breach of 130.1800

LTCUSD has broken through a line of 130.1800 and suggests a possible movement to 127.3540 within the next 13 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 3 days.

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We expect GBPUSD to trend downwards today with a 83.33% chance.

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After experiencing a 7.17% bullish move in the space of 22 days, nobody knows where US30 is headed.

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