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ETHAUD – breach of a trending support line that has been tested at least twice before.

ETHAUD has broken through a support line of a Rising Wedge and suggests a possible movement to 5149.2145 within the next 2 days. 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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