SHORT USDCAD Approaching Resistance, Potential Reversal!

USDCAD is approaching its resistance at 1.3466(61.8% *2 Fibonacci extension , horizontal swing high resistance, bearish divergence) where it could reverse down to its support at 1.3355 (50% Fibonacci retracement , horizontal overlap support).

Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected.

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