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UK100 – approaching a support line that has been previously tested at least twice in the past

UK100 is moving towards the support line of a Falling Wedge. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 15 hours.

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Support line breached by Soybean Meal JULY 2019. This price has been tested at least twice before.

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NZD/USD Target Level: 0.6558

NZD/USD Target Level: 0.6558

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