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USDCAD Break diagonal resistance, possible new long

The pair broke the diagonal resistance – signal buy, it is possible to refer to test the resistance 1.2690, a breakout target will be 1.2800.

MA50 moves over MA100 and MA200, which supports the upward movement. Crossing the RSI above level 70 will also give us grounds for opening longovi positions.

Today, investors will be looking for signals from Janet Yellen on the future monetary policy of the Fed, it is possible that an increase in volatility during the Release in 17:00.

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