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Breach of support could mean a start of a bearish trend on USD/CAD

USD/CAD has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we expect the price of USD/CAD to test 1.3107 within the next 6 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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