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Big movement possible on XRPUSD after a breach of 2.3120

The price of XRPUSD in heading in the direction of 2.3995. Despite the recent breakout through 2.3120 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

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Brent Crude is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.

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