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Bulls aim for 7808.6222 after the FRA40 triggered a bullish formation on the 4 hour chart

The last 16 4 hour candles on FRA40 formed a Ascending Triangle pattern and broken out through the pattern lines, indicating a possible bullish movement towards the price level of 7808.6222.

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If you’re long USD/JPY you should be aware of the rapidly approaching level of 160.2630

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