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Breach of 1.1093 could mean a start of a bullish trend on EUR/USD

EUR/USD has broken through a line of 1.1093. If this breakout holds true, we expect the price of EUR/USD to test 1.1150 within the next 3 days. 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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We expect LE to trend upwards today with a 66.67% chance.

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We expect USDCAD to trend downwards for the next 48 hours.

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