USD/CAD approaching resistance, potential reversal coming!

Price is approaching our first resistance where we might see a corresponding drop in price.

Entry : 1.3522

Why it's good : 76.4% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing high resistance

Stop Loss : 1.3573

Why it's good : 100% Fibonacci extension

Take Profit : 1.3452

Why it's good : Horizontal pullback support, 76.4% Fibonacci retracement

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