BCOUSD approaching resistance, potential drop!

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BCOUSD is approaching our first resistance at 72.09 (horizontal swing high resistance, 100%, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 70.70 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, Horizontal swing low support).
Stochastic is also approaching resistance and seeing a bearish divergence where we might see a corresponding drop in price.
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