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FRA40 – approaching a price line that has been previously tested numerous times in the past

FRA40 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 8 hours.

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There is a 66.67% chance of USDCAD trending downwards

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Important price line being approached by EUR/USD. This price has been tested numerous times before.

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