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

You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 0.9111 but consider reducing the size of your position as the price gets closer to that target.

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It’s time to make a decision on USD/CAD – its recent breach of 1.3624 could be a sign of a new trend to follow.

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