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USD/CAD has broken through a resistance line. It has touched this line numerous times in the last 7 days.

USD/CAD has broken through a line of 1.3674. If this breakout holds true, we could see the price of USD/CAD heading towards 1.3708 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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We expect a 22 pip movement on NZDUSD for the next 48 hours.

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