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After the Kiwi broke out and closed above the 1.3161 level. The pair may try to reach the 1.3193 - 1.3259 levels. On the 4-hour chart, USD/CAD is moving in a downslope channel. Please pay attention to the 1.3142 level. If the pair breaks through this level, it will not resume the upward movement.
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The material has been provided by InstaForex Company - www.instaforex.com