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Breach of 1063806.8750 could mean a start of a bullish trend on BTCJPY

BTCJPY has broken through a line of 1063806.8750. If this breakout holds true, we expect the price of BTCJPY to test 1096431.3750 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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