Euro / Dólar Canadense
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EURCAD approaching resistance, potential drop!

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EURCAD is approaching our first resistance at 1.5059 (horizontal swing high resistance, 23.6% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.4853 (horizontal swing low support, 100% Fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance and we might see a corresponding drop in price.
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