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After testing resistance twice in the past, USD/CAD has finally broken through. Can we expect a bullish trend to follow?

The breakout of USD/CAD through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of USD/CAD to test 1.3261 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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We expect EMD to trend downwards today with a 66.67% chance.

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Breach of support could mean a start of a bearish trend on GER30

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