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After testing the support line numerous times, UK100 is once again approaching this line. Can we expect a bearish trend to follow?

The movement of UK100 towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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Important price line breached by Light Sweet Crude Oil JULY 2019. This price has been tested numerous times before.

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USD/JPY Target Level: 109.2700

USD/JPY Target Level: 109.2700

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