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BHP Billiton – LT falling trend line breached

LSE:BLT   BHP BILLITON PLC ORD $0.50
Daily chart pattern – Two year long falling trend line has been breached
RSI eyeing bullish break
Money flow index suggesting further gains

Prices thus appear on track to test next major hurdle seen directly at 1156.27 levels (38.2% Fibo of 2014 high – 2016 low).

Bullish invalidation is see only if prices see a day end close below 1030.50.
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