USDCAD testing resistance, potential reversal!
USDCAD is testing its resistance at 1.3213 (100% Fibonacci extension, horizontal overlap resistance) where price could potentially react off, causing it to fall to its support at 1.2956 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 99% where a corresponding reaction could occur.
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