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Breach of 1.3288 could mean a start of a bullish trend on USD/CAD

USD/CAD has broken through a line of 1.3288. If this breakout holds true, we expect the price of USD/CAD to test 1.3311 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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Resistance line breached by Jpmorgan Chase & Co.. This price has been tested at least twice before.

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