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Break through resistance of the long term channel. Resistance is now acting as support, it looks as if it might go up to test resistance at 1319.25. If price breaks through, the next resistance level will be at 1323.25, possibly then to go up to test the target at 1348.00.
There is strong support with top of channel and support level at 1313.25. If price does break down through this level, next support will be at 1307.50 and might try to go down and test the next target at 1295.25
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