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A final push expected on USD/CAD

USD/CAD is heading towards a price line of 1.3939 and could reach this point within the next 9 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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We expect ZO to trend downwards today with a 80% chance.

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Important price line breached by NZD/USD

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