USDCAD testing major resistance, potential reversal level!

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USDCAD is testing major resistance at 1.3023 (Fibonacci extension, horizontal swing high resistance) and a strong reaction could occur at this level to push prices down to major support at 1.2914 (Fibonacci retracement, horizontal pullback support).
Stochastic (89,5,3) is seeing major resistance at 98% where a corresponding reaction could occur. We have seen multiple corresponding reactions occur previously at this level.

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