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Breach of resistance could mean a start of a bullish trend on GER30

GER30 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of GER30 to test 12035.3571 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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USD/JPY is quickly approaching 107.2970. We expect either a breakout through this line, or a rebound.

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