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

This trade steup on USD/CAD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bearish breakout through support, it seems to suggest that we could see the next price move to 1.3367.

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USD/JPY has broken through support of a Rising Wedge. It has touched this line at least twice in the last 9 days.

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