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AUDCAD approaching resistance, potential drop!

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Dólar Australiano/Dólar Canadense (FX:AUDCAD)  
easyMarkets Corretora  
FX:AUDCAD   Dólar Australiano/Dólar Canadense
Trend Analysis Harmonic Patterns Chart Patterns AUDCAD aud CAD audcadlong audcadshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern audcad aud cad audcadlong audcadshort forex forextrading forexsignals
AUDCAD is approaching our first resistance at 0.9472 (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement, short term descending resistance line) where a strong drop might occur below this level pushing price down to our major support at 0.9329 (horizontal swing low support, 100% Fibonacci extension).
Stochastic (21,5,3) is also approaching our resistance where a reaction below this level might see a corresponding drop in price.
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