USD/CAD approaching 1st resistance, potential drop expected!

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Trading Recommendation

Entry: 1.42677

Reason for Entry: Horizontal swing high resistance, 76.4% Fibonacci retracement

Take Profit : 1.40165

Reason for Take Profit: Graphical swing low, 78.6% Fibonacci extension

Stop Loss: 1.45321

Reason for Stop loss: Horizontal swing high resistance

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