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USD/CAD: Rectangle

USD/CAD, 1 hour    LONG Jun 27
A rectangle has been found and the price calls for a next active bullish continuation as evidence of a breakout. A rectangle is a useful price indicator that can be used to indicate the more likely potential of rising prices once price breaks out. It is possible that a further bullish push up towards 1.318 will form on a breach of 1.3175 as minor hurdle remains at 1.3175.
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