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

USD/JPY has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we may see the price of USD/JPY testing 133.6275 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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UK100 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 11 days.

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