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There is a possibility of a big movement on GER30 after a breach of the resistance

GER30 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 14287.4228 within the next 17 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 10 days.

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We expect USDCAD to trend upwards today with a 66.67% chance.

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