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US 500 keeps moving closer towards 5923.4502. Will it finally breach this level?

US 500 is moving towards a line of 5923.4502 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If US 500 continues in its current trajectory, we may see it move towards 5923.4502 within the next 10 hours.

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