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Breach of 400218.8750 could mean a start of a bullish trend on ETHJPY

ETHJPY has broken through a line of 400218.8750 and suggests a possible movement to 406410.8750 within the next 3 days. 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 11 days.

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