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Technical Analysis

Should we expect a bullish trend on EURCAD?

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The breakout of EURCAD through the 1.3739 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, EURCAD could test 1.3782 within the next 13 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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