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ETHUSD – breach of a trending resistance line that has been tested at least twice before.

ETHUSD has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 3 days and suggests a possible target level to be around 2838.0679 within the next 12 hours.

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EUR/USD – approaching a price line that has been previously tested numerous times in the past

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Merck & Co. Inc. is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 32 days.

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