CHARTVIPER

USD/CAD through 1.3985195. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.4024?

Possibility of big movement expected on USD/CAD
USD/CAD has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we may see the price of USD/CAD testing 1.4024 within the next 12 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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