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USDCAD approaching resistance, potential drop!

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Dollar A.S. / Dollar Kanada (FX:USDCAD)  
easyMarkets Broker  
FX:USDCAD   Dollar A.S. / Dollar Kanada
Trend Analysis Harmonic Patterns Chart Patterns USDCAD USD CAD usdcadlong usdcadshort
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trendanalysis harmonicpatterns chartpattern usdcad usd cad usdcadlong usdcadshort
USDCAD is approaching our first resistance at 1.3468 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur to our major resistance at support at 1.3340 (horizontal pullback support, 61.8% Fibonacci extension).
Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price.
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