CADJPY on major resistance!

CADJPY is seeing major resistance at 89.75 (61.8% Fibonacci retracement, 78.6% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap resistance) and a strong drop could occur at this level pushing price down to at least 88.52 support (Fibonacci retracement, horizontal overlap support).

Stochastic (34,5,3) is seeing major resistance below 100% where it is dropping nicely from now.

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