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USDJPY has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 153.7300 may materialize within the next 9 hours.
EURUSD has broken through 1.0391 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EURUSD may be heading towards 1.0492 within the next 2 days.
S&P500 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 6077.3999, unless it runs out of momentum and pulls back to current levels.
NAS100 is trapped in a Ascending Triangle formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a support line that has been tested in the past. Divergence opportunists may be very optimistic about a possible breakout and this may be the start […]
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