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USD/CAD breaking out of major ascending trend line support, prepare to sell!

USD/CAD has broken the major trend line support and we look to sell at 1.3246 (break out of ascending trend line support and horizontal overlap support) for a reversal to at least 1.3068 profit target (horizontal swing low support, 50% Fibonacci retracement).

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The material has been provided by InstaForex Company - www.instaforex.com