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Breach of resistance could mean a start of a bullish trend on USD/CHF

USD/CHF has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of USD/CHF to test 0.9987 within the next 23 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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UK100 is quickly approaching 7166.0000. We expect either a breakout through this line, or a rebound.

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