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Breach of resistance could mean a start of a bullish trend on BCHJPY

BCHJPY has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we may see the price of BCHJPY testing 19017.1045 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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Important price line breached by EUR/USD. This price has been tested numerous times before.

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