USDCAD approaching resistance, potential drop!

USDCAD is approaching our first resistance at 1.3262 (horizontal overlap resistance, 78.6% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 1.3164 (horizontal pullback support, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
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