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Breach of resistance could mean a start of a bullish trend on UK100

UK100 has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of UK100 to test 7491.1553 within the next 12 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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We expect a 912 pip movement on ES within 2 hours following the event release.

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Important price line breached by LTCUSD. This price has been tested numerous times before.

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