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AUS200 – breach of a trending support line that has been tested at least twice before.

You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 7916.0300 but consider reducing the size of your position as the price gets closer to that target.

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There is a possibility of a big movement on USD/CAD after a breach of the support

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If NZD/USD touches 0.6129 it may be time to take action.

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