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Important price line breached by USD/CAD. This price has been tested numerous times before.

USD/CAD has broken through 1.2879 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, USD/CAD may be heading towards 1.2794 within the next 2 days.

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We expect a 1750 pip movement on CC for the next 2 hours.

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