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Important price line breached by Nikkei 225. This price has been tested numerous times before.

Nikkei 225 has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 11 days and suggests a possible target level to be around 37738.0000 within the next 2 days.

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We expect GBPUSD to trend downwards today with a 80% chance.

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