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Breach of resistance could mean a start of a bullish trend on US30

US30 has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we expect the price of US30 to test 27497.0873 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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Breach of support could mean a start of a bearish trend on GBP/USD

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We expect BP to trend downwards right now.

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