NZD/CAD approaching resistance, potential drop!

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Trading Recommendation

Entry: 0.85820

Reason for Entry: 78.6% fibonacci retracement ,100% fibonacci extension and horizontal pullback resistance

Take Profit : 0.82797

Reason for Take Profit: Horizontal swing low support, 50%, 76.4% fibonacci retracement

Stop Loss: 0.86994

Reason for Stop loss: Horizontal swing high resistance

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