USDCAD Reversed Off Resistance, Potential For A Further Drop

USDCAD reversed off its resistance at 1.3250 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it could potentially drop further to its support at 1.3182 (38.2% Fibonacci retracement, horizontal overlap support). Stochastic (55, 5, 3) reversed off its resistance at 97% where a corresponding drop could occur.