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There is a possibility of a big movement on USD/CAD after a breach of the support

USD/CAD has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 8 days and suggests a possible target level to be around 1.3451 within the next 2 days.

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