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USD/CAD Bullish breakout of channel!!

USDCAD broke out of channel to the upside. Bullish above support at 1.31441

Entry: 1.31658

38.2% Fibonacci retracement, channel pullback support

Take Profit : 1.32395

Why it's good : 61.8% Fibonacci retracement, 100% Fibonacci extension

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