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Breach of 1.2524 could mean a start of a bullish trend on USD/CAD

USD/CAD has broken through a line of 1.2524. If this breakout holds true, we could see the price of USD/CAD heading towards 1.2563 within the next 2 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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