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Big movement expected on NAS100 after a breach of the support

NAS100 has broken through a support line of a Channel Up and suggests a possible movement to 7774.7780 within the next 6 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 23 days.

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USD/JPY is quickly approaching 108.9900. We expect either a breakout through this line, or a rebound.

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XAU/USD Target Level: 1406.1200

XAU/USD Target Level: 1406.1200

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