CADJPY is testing resistance, potential drop!

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CADJPY is testing our first resistance at 84.60 (horizontal overlap resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) which coincides with our short term descending resistance line. A strong reaction might occur below this level, pushing price down to our major support at 83989 (horizontal swing low support, 61.8% Fibonacci extension).
Stochastic (34,5,3) is also approaching our major resistance and a reaction off this level might see a corresponding drop in price.
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