USD/CAD Approaching resistance, potential reversal!

Price is approaching its resistance area at 1.3139 where it could potentially reverse back down towards its support. .

Entry: 1.3151

Why it's good : horizontal overlap resistance, 100% & 61.8% Fibonacci extension, 23.6% Fibonacci retracement

Stop Loss : 1.3178

Why it's good : 38.2% Fibonacci retracement

Take Profit : 1.3093

Why it's good: Horizontal pullback support, 50% Fibonacci retracement

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