EURCAD approaching resistance, potential drop!

1 באפר׳ 2019

EURCAD is approaching our first resistance at 1.5033 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur to our major resistance at support at 1.4925 (horizontal swing low support).
RSI (34) is also approaching resistance and ichimoku cloud is also showing signs of bearish pressure.
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