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AUDCAD approaching resistance, potential drop!

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Dollar Australia/Dollar Kanada (FX:AUDCAD)  
easyMarkets Broker  
FX:AUDCAD   Dollar Australia/Dollar Kanada
Harmonic Patterns Trend Analysis Chart Patterns AUDCAD aud CAD audcadlong audcadshort Forex forextrading forexsignals
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harmonicpatterns trendanalysis chartpattern audcad aud cad audcadlong audcadshort forex forextrading forexsignals
AUDCAD is approaching our first resistance at 0.9534 (horizontal pullback resistance, 50% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.9439 (horizontal swing low support, 38.2% Fibonacci retracement).
RSI (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
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