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FRA40 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 52 days.

Channel Down pattern identified on FRA40 has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 7543.1041 in the next 3.

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BTCAUD is currently testing a level of 64417.7891. Will the breakout continue or will things reverse?

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