Euro / Dólar Canadense
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EURCAD approaching resistance, potential drop!

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EURCAD is approaching our first resistance at 1.5184 (horizontal overlap resistance, 50%, 23.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 1.5129 (horizontal swing low support, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price.
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