AUDCAD Approaching Resistance, Potential Reversal

AUDCAD is approaching resistance at 0.9801 (61.8% Fibonacci retracement, Elliot wave structure), where it could potentially reverse down to its support at 0.9532 (61.8% Fibonacci retracement, horizontal swing low support). Stochastic is approaching its resistance at 94% and there is a bearish divergence with price, where a corresponding reversal could occur.