USD/CAD approaching resistance, potential drop!

Trading Recommendation

Entry: 1.32024

Reason for Entry: 100% Fibonacci extension, horizontal swing high resistance, 61.8% fibonacci retracement

Take Profit : 1.31000

Reason for Take Profit: 78.6% Fibonacci retracement, 100% fibonacci extension, horizontal overlap support

Stop Loss: 1.32700

Reason for Stop loss:

horizontal swing high resistance, 76.4% fibonacci retracement